Ericsson (NASDAQ: ERIC) has completed the acquisition of Ericpol's operations in Poland and Ukraine. Ericpol has been a supplier to Ericsson for over 20 years in the area of software development, during which time Ericsson has been Ericpol’s largest customer by far.
Approximately 2,300 employees in Poland and Ukraine will now join Ericsson, bringing software development competence in radio, cloud and IP, along with a deep knowledge of Ericsson built up through many years of collaboration.
Ericsson has been present in Poland for 112 years. As a result of this acquisition, Ericsson has over 2,900 employees in the country.
In Ukraine, 180 employees will join the existing 170 Ericsson employees. Ericsson has been present in Ukraine since 1893.
Today's closing follows the announcement on October 15, 2015 that Ericsson was entering into an agreement to purchase Ericpol’s Polish and Ukrainian operations.
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