Ericsson completes acquisition of German consulting firm
- Allolio&Konrad, a consulting firm headquartered in Bonn, Germany, specializes in transforming telecommunications operators’ business operations and IT systems
- Ericsson acquired 100% of Allolio&Konrad’s operations, offered employment to all its consultants, and the transaction closed on November 30
- This acquisition will increase Ericsson’s digital transformation capabilities, lead to increased synergies and efficiencies, and support our ICT leadership ambitions