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Ericsson bolsters billing suite with MetraTech purchase

from RCRWireless

Ericsson said it plans to acquire U.S.-based billing and settlement provider MetraTech in a move designed to bolster its suite of services beyond traditional network equipment. Financial terms of the deal were not released, but Ericsson said it will take on all 140 MetraTech employees and contractors. Those employees and MetraTech’s platform are set to be integrated into Ericsson's billing suite and help expand its presence in the U.S. market. more

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