Ericsson strengthens IT services capabilities in Latin America

Ericsson (NASDAQ: ERIC) intends to acquire the assets of Icon Americas, a Guatemala-based consulting and systems integration company. Icon Americas specializes in providing application development and maintenance (ADM) services – specifically in the area of billing and charging – to leading telecom operators. Approximately 250 employees and consultants are expected to join Ericsson.
The acquisition – which is expected to close in the third quarter of 2015, subject to customary closing conditions – expands Ericsson’s comprehensive portfolio of consulting and systems integration services and OSS/BSS solutions in Latin America.
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