Ericsson buys Australian systems integration firm

Swedish telecommunications giant Ericsson on Thursday said it had bought Australian company TUSC, a subsidiary of Sydney-listed Allied Technologies Group.

TUSC, which employs 80 people, specializes in systems integration for telecommunications, utilities and companies.

Ericsson said the acquisition would allow it to increase its focus on integration, and also expand its customer base into utilities for the first time.

The terms of the acquisition were not disclosed.

AFP