Decision Nº M/11/020 from Competition and Consumer Protection Commission, 2011-07-26

• Jurisdiction: Ireland
• Parties: Telefonaktiebolaget LM Ericsson,Telcordia Holdings Inc.
• Date: 26 July 2011
• Decision Date: 26 July 2011
• Decision Number: M/11/020
• Court: Commissioner for Environmental Information

Merger Notification No. M/11/020 – Ericsson/Telcordia

DETERMINATION OF MERGER NOTIFICATION M/11/020 -

ERICSSON/TELCORDIA

Section 21 of the Competition Act 2002

Proposed acquisition by Telefonaktiebolaget LM Ericsson of sole

control of Telcordia Holdings Inc.

Dated 26 July 2011

Introduction

1. On 12 July 2011, in accordance with section 18 of the Competition Act

2002 (“the Act”), the Competition Authority (the “Authority”) recei ved

a notification of a prop osed transaction whereby Telefonaktiebolaget

LM Ericsson (“Ericsson”) would acquire sole c ontrol of Telcordia

Holdings Inc. (“Telcordia”).

The Undertakings Involved

Ericsson

2. Ericsson is a provider of technology and services to t elecom operators.

It is active in 2G, 3G and 4G mobile technologies, providing support fo r

networks with over 2 billion subscribers worldwide. Ericsson is also

active in managed services. It has three main divisions, all of which

are active in the State:

• Networks - this division develops an d delivers mobile and fixed-

line infrastructure equipment and related software;

• Global Services – th is division comprises p rofessional services

and network rollout; and,

• Multimedia – this division develops and delivers software-based

solutions for real-time and on-demand TV, consumer and

business applications, and business suppo rt systems (“BSS”) for

telecom operators. BSS refers to computer systems used by

telecom operators to manage their business operations f or their

customers.

3. Ericsson also has a 50% share in a joint venture with Sony

Corporation, called Sony Ericsson, that offers mobile phones,

accessories, content and applications in the State.

4. For the financial year en ding 31 December 2010, Ericsson’ s worldwide

turnover was approximately US$28 billion (€21 billion

1

). Ericsson’s

turnover in the State for the same period was €[…].

Telcordia

1

Based on an average annual exchange rate of €1 = US$1.33 for 2010.