Ericsson Buys Drutt For Multimedia

Ericsson has agreed to acquire all the shares of Drutt Corp, a mobile billing provider with 60 telco customers in 35 countries, as part of its move to become a leading force in multimedia. Drutt is owned by Provider Venture Partner Funds, TeliaSonera and some employees and has subsidiaries in Sweden, China, Canada and Mexico reports RCRNews.

Comments have been disabled for this post