Ericsson

Telefonaktiebolaget LM Ericsson (lit. 'Telephone Stock Company of LM Ericsson'), commonly known as Ericsson (Swedish pronunciation: [ˈêːrɪkˌsɔn] ⓘ), is a Swedish multinational networking and <a href="/facts/Telecommunications/vxoj1cxR">telecommunications</a> company headquartered in Stockholm, Sweden. Ericsson has been a major contributor to the development of the <a href="/facts/Telecommunications_industry/2wvtnYR2">telecommunications industry</a> and is one of the leaders in <a href="/facts/5G/yVb460m4">5G</a>. Ericsson has over 57,000 granted patents and it is the inventor of <a href="/facts/Bluetooth/sWAjpMrj">Bluetooth</a> technology.
The company sells infrastructure, software, and services in <a href="/facts/Information_and_communications_technology/wG6q8RfN">information and communications technology</a> for telecommunications service providers and enterprises, including, among others, cellular <a href="/facts/4G/Lfq6mSxl">4G</a> and <a href="/facts/5G/yVb460m4">5G</a> equipment, and <a href="/facts/Internet_Protocol/Qq6VeEal">Internet Protocol</a> (IP) and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. The company is listed on the <a href="/facts/Nasdaq_Stockholm/wAVPR550">Nasdaq Stockholm</a> under the ticker symbols ERIC.A and ERIC.B and on the American <a href="/facts/Nasdaq/C6GlcQcB">Nasdaq</a> under the ticker symbol ERIC.
The company was founded in 1876 by <a href="/facts/Lars_Magnus_Ericsson/QXtGxFV9">Lars Magnus Ericsson</a> and is jointly controlled by the <a href="/facts/Wallenberg_family/RwhwxyGA">Wallenberg family</a> through its holding company <a href="/facts/Investor_AB/EhDNLuqm">Investor AB</a>, and the universal bank <a href="/facts/Handelsbanken/ac0cmEVz">Handelsbanken</a> through its investment company Industrivärden. The Wallenbergs and the Handelsbanken sphere acquired their voting-strong A-shares, and thus the control of Ericsson, after the fall of the <a href="/facts/Ivar_Kreuger/bWfVBYMM">Kreuger</a> empire in the early 1930s.

Ericsson open-in-new

Ericsson