Ericsson is selling its enterprise direct sales and service opera...
Ericsson is selling its enterprise direct sales and service operations to Apax Partners Funds for $480 million. Operations, in which Ericsson is keeping 20% stake, have 2,400 employees in 18 countries. Ericsson said company would be its largest indirect…
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sales channel, targeting medium to high end of corporate market with advanced systems and network integration offerings. Transaction is expected to close in April.