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M&A Deal Summary

Kansys Acquires Ericsson - Enterprise and Cloud Billing Business

On October 22, 2019, Kansys acquired software company Ericsson - Enterprise and Cloud Billing Business from Ericsson

Acquisition Highlights
  • This is Kansys’ 1st transaction in the Software sector.
  • This is Kansys’ 1st transaction in Sweden.

M&A Deal Summary
Date 2019-10-22
Target Ericsson - Enterprise and Cloud Billing Business
Sector Software
Buyer(s) Kansys
Sellers(s) Ericsson
Deal Type Divestiture

Target

Ericsson - Enterprise and Cloud Billing Business

Stockholm, Sweden
Ericsson's Enterprise and Cloud Billing Business is a charging solution primarily developed to monetize any product or service, including IoT services. The ECB suite is the world leader for customers with complex, multi-party B2B billing requirements and does so without having to reengineer data sources or formats. The software is designed to provide robust monetization capabilities while blending into the customer's existing software and infrastructure.

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Buyer(S) 1

Buyer

Kansys

Olathe, Kansas, United States
Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

Kansys, Inc. is a BSS/OSS best of breed software, services, and cloud integrator specializing in management and monetization of complex B2B data. For more than 22 years, Kansys has provided software and managed services to enterprise customers with high volume, transaction-oriented, multi-partner service requirements. In addition to extensive experience in configuring and deploying monetization solutions and software, Kansys has conducted over eighty highly successful billing conversions. We collaborate with customers to provide competitive advantage via the billing function with nimble solutions that provide better results, in less time, and at a lower cost.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Ericsson

Stockholm, Sweden
Category Company
Founded 1876
Sector Technology Hardware
Employees92,866
Revenue 247.9B SEK (2024)
DESCRIPTION
Ericsson office in Santa Clara, California.
Ericsson office in Santa Clara, California.

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four segments: networks, global services, support solutions, and modems. Ericsson was formed in 1876 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 8 of 10
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 8 of 10
Country: Sweden M&A 5 of 6
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 Kathrein-Werke KG - antenna and filters business

Germany

Kathrein-Werke KG - antenna and filters business provides 5G antenna technology for mobile networks and will have around 4,000 highly-skilled professionals in R&D, production, and sales based in more than 20 locations, including Germany, Romania, the U.S., Mexico, and China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-12 Genaker

Barcelona, Spain

Genaker is an independent company dedicated to developing innovative mobile solutions. Genaker is a recognized brand in the Mission Critical PTT, Business Critical PTT, and LTE sector, based on two business units.

Buy -
Mergr

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