Ericsson

Ericsson was founded in 1876 by Lars Magnus Ericsson in Stockholm, Sweden, initially repairing telegraph equipment before pivoting into telephone manufacturing and global telecommunications infrastructure.

The company serves more than 100 mobile network operators across 180 countries, with its 5G radio access network equipment deployed by hundreds of carriers worldwide.

Headquartered in Stockholm, Sweden, Ericsson trades on Nasdaq Stockholm and Nasdaq US under ticker ERIC today.

Ericsson History

• 1876
  Lars Magnus Ericsson opens a telegraph repair workshop in Stockholm, which quickly expands into telephone manufacturing as demand grows rapidly.
• 1901
  Ericsson merges with SAT (Société Anonyme des Téléphones) and incorporates formally, establishing itself as a major international telephone equipment supplier.
• 1994
  Ericsson ships its first GSM base station, establishing an early lead in the mobile network infrastructure market that would define the company for decades.
• 2012
  Ericsson acquires Telcordia for $1.15 billion, expanding its managed services and OSS/BSS software capabilities to compete beyond hardware.
• 2022
  Ericsson pays $8.7 billion to acquire Vonage, entering the cloud communications market and targeting enterprise 5G API monetization opportunities.

FAQs

• Who owns Ericsson?

  Ericsson is publicly traded on Nasdaq Stockholm and Nasdaq US. The Wallenberg family, through Investor AB, is the largest shareholder with roughly 23% of votes. BlackRock and Vanguard are its largest institutional holders.
• When did Ericsson come out?

  Ericsson was founded on April 1, 1876, by Lars Magnus Ericsson in Stockholm, Sweden. The company incorporated formally in 1901. It began trading on Nasdaq US as an ADR in 1998.
• Is Ericsson an American company?

  No. Ericsson is a Swedish multinational telecommunications company headquartered in Stockholm, Sweden. It was founded in 1876 by Lars Magnus Ericsson. It operates globally and lists shares on both US and Swedish stock exchanges.
• Who made the Ericsson logo?

  Ericsson's current logo — a stylized blue wordmark — was developed through internal branding work and refined over several decades. The company has periodically updated its visual identity as it shifted from hardware to software and services.