Ericsson Acquires Danish Internet Specialist

Ericsson Friday acquired a 75 percent
stake in Danish company Telebit Communications A/S which
specializes in developing new generation Internet solutions, for DKK 200
million (US$30 million).

The investment will be made over the next two years. Under the terms of the deal, Ericsson will integrate Telebit’s line of solutions into its mobile network offerings.

Telebit was the first vendor to provide commercially available Internet
router solutions based on the IP Version 6 standard. The company’s
dual IPv4/IPv6 products operate both systems.

Ericsson expects the new software will become an important element for
optimizing combined voice, multimedia, data traffic, and security services
over IP mobile networks.

IPv6 helps create more IP addresses to meet the demands of the growing
mobile terminal market, which is rapidly exhausting the number of available
IP addresses.