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