Cable / Telecom News

Ericsson buys Canada’s TimelessMIND

TORONTO – Canadian consulting and systems integration company TimelessMIND is being acquired by Ericsson, the companies said Friday.Financial terms of the deal, which is expected to close in the second quarter of 2015, were not disclosed.  Approximately 30 employees and consultants – based in Canada and India – are expected to join Ericsson.Ericsson said that the move complements its portfolio of consulting and systems integration services, and that it will benefit from the TimelessMIND employees' experience of working with telecom customers in Canada. In terms of operations and business support systems (OSS/BSS) products, Ericsson added that it will gain access...