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United States : ERICSSON finishes acquisition of smart grid communications provider [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Ericsson announced on October 1, 2014 that it finished the acquisition of Ambient Corporation, a US-based award-winning provider of smart grid communications technology for utilities. Ambient's innovative platform allows utilities to integrate and deploy multiple smart grid applications and technologies, on a single communications infrastructure. The acquisition raises Ericsson's ability to help utilities maximize their investments in smart grids. Ambient gives software and product maintenance and execution services, as well as a range of smart grid consulting services concerning network management, product development, and smart grid architecture and deployment. Ambient will be integrated into Ericsson's Global Services organization, which employs 64,000 services professionals based in 180 nations and speaking over 100 languages. About 16,000 of these workers are Consulting and Systems Integration professionals who deliver over 1,500 CSI projects in multi-technology and multivendor environments per year. As an international communications leader with extensive multivendor systems integration experience, Ericsson is placed to partner with utilities as they transform their electricity distribution grids into smart grids. Executive Vice President and Head of Business Unit Global Services at Ericsson, Magnus Mandersson, says, "At Ericsson we are increasingly using our experience in communications and providing managed services for networks that serve more than 1 billion subscribers worldwide to assist partners and customers in the utilities sector. We're helping utilities to adopt new types of applications and enable new business models, and I believe Ambient could make a big contribution to that effort." (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). |