HyC Group becomes part of Ericsson

IPTV is a key technology for telecom operators and service providers who aim to offer interactive and personalized digital TV services to fixed and mobile users. With the acquisition of HyC in December 2007, Ericsson further strengthens its ability to support operators and service providers in customized solution design, installation, integration and operation of IPTV services. The HyC acquisition follows Ericsson’s acquisition of Tandberg Television, the world’s leading provider in advanced video compression technologies, at the beginning of the year. Multimedia and services, including IPTV and systems integration, are two strategic areas for Ericsson as well as for HyC. The acquisition of HyC Group will strengthen our ability to support our customers in offering attractive and customized consumer services in a fast and efficient way. HyC’s skills and experience fit perfectly with Ericsson’s service offerings in the digital TV sector and our leading systems integration offering. Each year, Ericsson delivers more than 1000 systems integration projects, in multi-vendor and multi-technology environments, to operators and enterprises. Ericsson’s systems integration expertise covers multimedia services and service network, telecom management, IP-packet backbone, IP Multimedia Subsystem (IMS), satellite communications and National Security and Public Safety solutions. Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.