Ericsson to consolidate its Silicon Valley operations in Santa Clara

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Swedish telecom equipment maker Ericsson(s eric) is opening up a new Bay Area regional HQ in Santa Clara in two office buildings being built as part of the new Santa Clara Square development. Ericsson will consolidate 2,000 employees currently working in Mountain View and San Jose in the 400,000-square-foot office space. The facility will house its IP and media groups (including its recent acquisition of Microsoft’s Mediaroom) along with the mobile infrastructure groups working on network virtualization. Ericsson expects to move onto the campus next spring.


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It sounds bad:
1. They couldn’t afford to rent in Mountain View and San Jose;
2. Even they have offices at Mountain View and San Jose, they’re losing talents to competitors.

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