Ericsson Integrates Newly Acquired TouchWave into Enterprise IP Telephony Business.MOUNTAIN VIEW, CA--(BUSINESS WIRE)--September 15, 1999-- (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ERICY) Ericsson Er·ics·son , John 1803-1889. American engineer and inventor who built the first ironclad warship, the Monitor (1862), which engaged the Confederate Merrimack in a famous naval battle of the Civil War (March 9, 1862). today announced it has expanded its IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. business by integrating recently acquired TouchWave into its enterprise business and by establishing a new location for Ericsson IP telephony product development in Silicon Valley. Ericsson WebCom Inc, a subsidiary of Ericsson formed with the purchase of TouchWave, has opened new offices in Mountain View, Calif. Research and development, testing, sales, marketing and support activities will be conducted at the new location. Ericsson WebCom Inc. provides enterprise customers with IP-based mobility, IP telephony and converged IPBX See IP PBX. solutions for voice and data that utilize a company's existing IP network technology. Ericsson WebCom develops and markets the Ericsson WebSwitch 2000 product family, an IP-telephony platform for linking current business environments to the new developments in corporate telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. . "Ericsson now has the combination needed for today's Enterprise telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. market," said Bo Larsson Bo "Bosse" Larsson (born May 5, 1944) is a former Swedish football midfielder/striker. Bosse Larsson was one of the national team profiles during the 1970's. In total he got 70 caps, and played at the 1970 FIFA World Cup, 1974 FIFA World Cup and 1978 FIFA World Cup. , vice president, Ericsson WebCom. "Ericsson's quality telecom and wireless experience combined with the former TouchWave's Silicon Valley innovation creates a powerful mix of technology." Ericsson's acquisition of TouchWave represents a significant move into the next-generation enterprise telephony market for Ericsson, an established, global telecom player. The combination of solid, worldwide telephony experience, plus innovative, next-generation telephony engineering has made Ericsson a key vendor in the growing field of IP telephony. "Our purchase of TouchWave and its integration with our work in the enterprise segment represents an important next step in Ericsson's strategy," said Lars Svensson Svensson (also Svenson and anglicised Swensson or Swenson) is the ninth most common Swedish family name [1], and literally means "son of Sven". It is also the Swedish counterpart to Joe Bloggs, a placeholder name for a person considered to possess average qualities. , vice president and general manager, Ericsson Enterprise Systems. Ericsson WebCom's new offices are located in Mountain View, CA, in Silicon Valley. Research and development, testing, production, sales, marketing and administration staffs are centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. at the Mountain View location. Under Ericsson ownership, TouchWave's products have undergone rigorous benchmark testing within Ericsson labs around the world. Further information about the Ericsson WebSwitch may be obtained by calling 1-888-350-9283 (in the US) or +1-650-210-9434. Web site address: http://www.ericsson-webcom.com. About Ericsson WebCom Inc. Ericsson acquired TouchWave, a Silicon Valley IP telephony start-up Start-up The earliest stage of a new business venture. in April 1999 for $46m. Ericsson WebCom markets Ericsson's enterprise, IP-based mobility and IPBX solutions for mid-to large-sized businesses utilizing existing network environments while preparing customers for the voice and data innovations on the telecom horizon. Under Ericsson ownership, TouchWave's products have undergone rigorous benchmark testing with Ericsson labs around the world. Further information about Ericsson and the Ericsson WebSwitch product family can be obtained by visiting http://www.ericsson-webcom.com. Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. Please visit Ericsson's Press Room at: http://www.ericsson.se/pressroom |
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