14 DAY TRIAL // Swedish telecommunications giant Ericsson, said on Thursday that it has bought Australian systems integration company TUSC. The Australian company TUSC is a subsidiary of Allied Technologies Group, with around 80 employees, specialized in systems integration for telecommunications, utilities and enterprises.
The employees from TUSC will strengthen Ericsson's global service organization and focus on the Australian market. This acquisition illustrates Ericsson's ambition to further strengthen and develop its leading position within telecommunications services and the focus areas of systems integration, telecom management and operational support systems.
The TUSC acquisition also allows Ericsson to diversify its customer base into a closely related sector - utilities.
One of the world's industry leader within telecommunications services, Ericsson will surely benefit from the strong brand name and customer relationships that TUSC has developed over the last 25 years, mainly within the operator and utility industry sector from Australia.
Hans Vestberg, Executive Vice President and Head of Business Unit Global Services Ericsson said: "The acquisition quickly expands the capacity and competence in Ericsson's systems integration business."
The terms of the acquisition were not disclosed.