Francisco Partners completes investment in Ericsson’s iconectiv business

no-cover
August 31, 2017
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...

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