Ericsson

Ericsson, founded in 1876 and headquartered in Stockholm, Sweden, is a leading provider of technology and services to telecom operators globally. The company specializes in mobile technologies, including 2G, 3G, and 4G, and offers a comprehensive portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions tailored for operators, enterprises, and the media industry. Ericsson supports networks with over 2 billion subscribers and maintains a strong position in managed services. Additionally, Ericsson Ventures, its private equity and venture capital arm, invests in emerging technologies such as IoT, artificial intelligence, and network functions virtualization, contributing to the company's vision of being the prime driver in an all-communicating world. Ericsson manages more than 95 million connected devices globally, including 22 million eSIM connections, demonstrating its commitment to innovation and sustainable business solutions.

Graham Ackerman

VP Strategic Development, Director of Investment Management

Maria Håkansson

Vice President

Patrick Johansson

Senior VP for Middle East and Africa Region

Heather Johnson

Vice President, Sustainability and Corporate Responsibility

Majda Lahlou Kassi

Vice President and Head of Ericsson West Africa and Morocco

Albert Kim

Head of Ericsson Ventures and Vice President

Jenny Lindqvist

SVP and Head of market area for Europe and Latin America

Paul McNamara

Vice President, Corporate Development

Lars Sandström

CFO

Past deals in Embedded Software

Balena

Funding Round in 2018
Balena is a complete set of tools for building, deploying, and managing fleets of connected IoT devices. It provides infrastructure and tools for fleet owners so they can focus on developing their applications and growing their fleets with as little friction as possible. Balena enables devices and their running services to be managed, monitored, and updated through the web dashboard or through its API, via the CLI and SDK. Balena was established in 2013.

Balena

Series A in 2016
Balena is a complete set of tools for building, deploying, and managing fleets of connected IoT devices. It provides infrastructure and tools for fleet owners so they can focus on developing their applications and growing their fleets with as little friction as possible. Balena enables devices and their running services to be managed, monitored, and updated through the web dashboard or through its API, via the CLI and SDK. Balena was established in 2013.

Ericpol

Acquisition in 2016
Ericpol Sp. z o.o. is an engineering company that has been operating on international ICT market since 1991. The company provides outsourcing, consulting and integration services as well as dedicated solutions in telecommunications, M2M (machine to machine), IoT (Internet of Things), healthcare, finances&banking and business solutions area. Ericpol consists of 4 offices in Poland and 3 production centres in Ukraine, Belarus and Sweden, employing over 2000 people. The Ericpol company was established in 1991 in Łódź. Since the very beginning company is financed exclusively with its own capital and it has noted a very good liquidity and only positive financial results. Well-established relations with the client and long-term activity in the telecommunication industry enabled the regular and dynamic development of the company.

Adapteva

Series B in 2014
Adapteva, Inc. is a semiconductor technology company based in Lexington, Massachusetts, founded in 2008. The company specializes in designing and developing energy-efficient multi-core processor chips for parallel computing applications. Adapteva's flagship product, the Epiphany architecture, features a scalable distributed multi-core memory design that allows for a significant increase in the number of cores integrated on a single chip. This architecture is aimed at various applications, including real-time image classification, machine learning, autonomous navigation, and software-defined radio. Additionally, Adapteva offers the Parallella Board, a compact, open-source multi-core computer designed to facilitate parallel programming. By adopting an open-source approach, Adapteva aims to make its architecture and programming resources accessible to a broader audience, potentially disrupting multiple markets, from mobile devices to advanced supercomputers.

Aspex Semiconductor

Acquisition in 2012
Aspex Semiconductor is a fabless semiconductor company that develops, manufactures, and distributes system-on-chip high-definition video compression and transcoding solutions for consumer electronic applications. It is specialized in the development of software programmable media processors and offers HD video transcoding chips. Aspex Semiconductor’s products are used in intelligent home gateways, PVR functionalities, Blu-ray or HD DVD recorders, networked digital televisions, television pause buttons, PCs and laptops, HD webcams, external adapters, and wireless HDMI applications. The company serves professional imaging and wireless infrastructure markets, including broadcast and digital cinema, medical imaging, machine vision, printing and document processing, and video compression markets. Aspex Semiconductor is based in Bradford, Somerset and, it sells its products through distributors in North America and the United Kingdom.

Teleca

Acquisition in 2005
Teleca AB supplies software solutions to the mobile communications industry in Asia, Europe, North America, and internationally. The company offers application development, platform creation, integration and porting, base porting, test and verification, and gaming service platform solutions. It serves mobile device manufacturers, software and chipset vendors, HW platform providers, service providers, and network operators, as well as consumer electronics, automotive, and Internet companies in Sweden, Finland, Germany, and the United Kingdom. The company was formerly known as Sigma AB and changed its name to Teleca AB in June 2001.
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