Francisco Partners completes investment in Ericsson’s iconectiv business

Francisco Partners completes investment in Ericsson’s iconectiv business

Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson (NASDAQ: ERIC). As part of the investment, Francisco Partners invests USD 200 million to acquire a 16.7% ownership in iconectiv. The partnership between Ericsson and Francisco Partners...