Ericsson (Nasdaq: ERIC) is adding another element to its OSS portfolio by acquiring Bangkok-based TeleOSS Consulting, a deal that will give Ericsson additional systems integration capabilities for OSS in South East Asia and Oceania.
TeleOSS Consulting brings to the table a set of OSS-related solutions for service providers, particularly inventory and traffic management and software development.
"The acquisition of the entire business of TeleOSS Consulting Ltd. will complement our capabilities in systems integration for OSS in South East Asia and Oceania, particularly in the areas of traffic and inventory management areas to offer a wide-range of solutions to our customers," said Paolo Colella, head of consulting and systems integration at Ericsson, in a release.
Terms of the deal, which is expected to be completed at the end of Q3 this year, were not revealed.
By acquiring TeleOSS, Ericsson will gain about 50 OSS systems integration professionals, who will become part of the Swedish company.
Already a major player in both the wireline and wireless domains of the telecom industry, Ericsson has been expanding its software and integration capabilities over the past year. In addition to TeleOSS, the vendor recently acquired Red Bee Media and, earlier, Microsoft's (Nasdaq: MSFT) IPTV business to gain a larger foothold in the broadcast TV and IPTV middleware market segments.
For more:
- see the release
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