Ericsson has announced its intention to acquire GEOSS, an operations support systems (OSS) consulting company based in Germany.
GEOSS’ core competencies include consultancy, systems development, systems integration and operational support. It specialises in creating and developing high-performance solutions for the configuration and monitoring of IP networks (Network Near Assurance).
Stephan Weber, Managing Director at GEOSS says “we are still a relatively young company with a small number of employees, but we have been able to play a leading role in the development and optimization of OSS that is used to manage the networks of Germany’s leading telecom operators. We are excited about the prospect of joining Ericsson, as their global scale would enable us to lend our expertise to a much broader array of customers.”
Paolo Colella, Vice President and Head of Consulting and Systems Integration Business Unit Global Services at Ericsson says “operators are striving to improve their ability to support user needs and address new business opportunities, manage real-time interactions and simplify their OSS/BSS systems. Ericsson offers a comprehensive portfolio of software and services that can be used to achieve these aims, but we’re constantly looking to expand our offering and increase our expertise. The acquisition of GEOSS and its highly skilled employees will further strengthen Ericsson’s Consulting and Systems integration presence in the region and certainly make a valuable contribution in this regard.”
The acquisition, which is subject to regulatory approval, will further strengthen Ericsson’s leading position in OSS for communications service providers, according to the technology company.