02 October 2014
Ericsson has completed the acquisition of US-based smart grid communications provider, Ambient Corporation, as the Swedish vendor looks to grow its utilities service offering.
Ambient technology enables
utilities to integrate multiple smart grid applications on a
single platform. The company also provides product and software
maintenance and implementation services, as well as a number of
consulting services around product development, network
management and smart grid architecture.
Ambient will be fully merged into Ericsson’s
Global Services unit – which comprises 64,000
employees across 180 countries – and Ericsson hopes
the acquisition will increase its ability to help utilities
maximise their investments in smart grids.
"At Ericsson we are increasingly using our experience in
communications and providing managed services for networks that
serve more than 1 billion subscribers worldwide to assist
partners and customers in the utilities sector," said Magnus
Mandersson, EVP and head of business unit Global Services at
"We are helping utilities to adopt new types of applications
and enable new business models, and I believe Ambient could
make a big contribution to that effort," he added.
In November last year, Ericsson partnered with Australian energy
distribution firm SP AusNet to develop, implement and
support the company’s smart meter programme in the