Companies Related to the Wallenberg Family

Companies Related to the Wallenberg Family

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 29. Chapters: Saab, Ericsson, SKF, AstraZeneca, Electrolux, SAS Group, ABB Group, Atlas Copco, Wallenberg family, Stockholms Enskilda Bank, Investor AB, Stora Enso, Husqvarna AB, IBX Group, Skandinaviska Enskilda Banken, Saab-Scania, Swedish Orphan Biovitrum, Grand H tel, Foundation Asset Management AB, Knut and Alice Wallenberg Foundation, EQT Partners, Investor Growth Capital. Excerpt: Ericsson (Telefonaktiebolaget L. M. Ericsson) (OMX: ERIC B, NASDAQ: ERIC), one of Sweden's largest companies, is a provider of telecommunication and data communication systems, and related services, covering a range of technologies, including especially mobile networks. Directly and through subsidiaries, it also has a major role in mobile devices and cable TV and IPTV systems. Ericsson was also the inventor of Bluetooth. Founded in 1876 as a telegraph equipment repair shop by Lars Magnus Ericsson, it was incorporated on August 18, 1918. Headquartered in Kista, Stockholm Municipality, since 2003, Ericsson is considered part of the so-called qWireless Valley.q Since the mid-1990s, Ericsson's extensive presence in Stockholm has helped transform the city into one of Europe's hubs of information technology (IT) research. Ericsson has offices and operations in more than 180 countries, with more than 17, 700 staff in Sweden, and also significant presences in, for example, Brazil, China, Finland, India, Ireland, Italy, Hungary, the UK and the USA. In the early 20th century, Ericsson dominated the world market for manual telephone exchanges but was late to introduce automatic equipment. The world's largest ever manual telephone exchange, serving 60, 000 lines, was installed by Ericsson in Moscow in 1916. Throughout the 1990s, Ericsson held a 35-40% market share of installed cellular telephone systems. Like most of the telecommunications industry, Ericsson s...Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.

Title:Companies Related to the Wallenberg Family
Author:Source: Wikipedia
Publisher:Books LLC, Wiki Series - 2011-08


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