Ericsson Acquires Airvana's EVDO Business

STOCKHOLM, Sweden, Sept. 6, 2013 (GLOBE NEWSWIRE) --
·         Acquisition ensures long-term support for Ericsson's CDMA customers·         38 employees of Airvana Network Solutions have joined EricssonEricsson (NASDAQ:ERIC), a world-leading provider of communications technologyand services, announced today it has acquired Airvana Network Solutions' EVDObusiness. The transaction was structured as a stock purchase.Airvana's approximately 38 EVDO specialists joined Ericsson group. AirvanaNetwork Solutions is a Massachusetts-based company and supplier of EVDO softwareto Ericsson. EVDO software enables data transmission in a CDMA wireless networkand is an important part of the CDMA ecosystem.Paul Challoner, Vice President, head of CDMA Radio product, says: "Ericsson iscommitted to CDMA and to its CDMA customers. We recognize that CDMA willcontinue to be an important technology in the operators' networks. We continueour vertical integration strategy for key CDMA products and further strengthenour control over product portfolio, ensuring long-term support to our customerswith the ability to better respond to their requirements."Ericsson and Airvana will jointly seek dismissal of the lawsuit filed by Airvanain February 2012, against Ericsson in the Supreme Court of the State of NewYork, USA.NOTES TO EDITORSDownload high-resolution photos and broadcast-quality video is a world-leading provider of communications technology and services.We are enabling the Networked Society with efficient real-time solutions thatallow us all to study, work and live our lives more freely, in sustainablesocieties around the world.Our offering comprises services, software and infrastructure within Informationand Communications Technology for telecom operators and other industries. Today40 percent of the world's mobile traffic goes through Ericsson networks and wesupport customers' networks servicing more than 2.5 billion subscriptions.We are more than 110,000 people working with customers in more than 180countries. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In2012 the company's net sales were SEK 227.8 billion (USD 33.8 billion). Ericssonis listed on NASDAQ OMX, Stockholm and NASDAQ, New York stock FURTHER INFORMATION, PLEASE CONTACTEricsson Corporate CommunicationsPhone: +46 10 719 69 92E-mail: media.relations@ericsson.comEricsson Investor RelationsPhone: +46 10 719 00 00E-mail: investor.relations@ericsson.comEricsson acquires Airvana’s EVDO:[HUG#1727753]

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