Acquisition History / HP / Ericsson IT

HP Acquires Ericsson IT

Announced June 4, 2003

HPInformation technology2003

What happened

Ericsson's global IT outsourcing services.

Acquirer
HP
Target
Ericsson IT
Announced
June 4, 2003
Price
Undisclosed
Industry
Information technology

By the numbers

HP's acquisition history
57th of 131 tracked deals
Disclosed prices
36 of 131 HP deals
HP's average disclosed price
$2.59B
HP's largest disclosed deal
Compaq ($25B)
Tracked acquisitions in 2003
44 across all acquirers
HP in Information technology
12 acquisitions

Frequently Asked Questions About This Acquisition

When did HP acquire Ericsson IT?

HP acquired Ericsson IT on June 4, 2003. This was HP's 57th publicly tracked acquisition out of 131 we have on record.

How much did HP pay for Ericsson IT?

The price HP paid for Ericsson IT was not publicly disclosed. Only 36 of HP's 131 tracked acquisitions have a disclosed price.

What does Ericsson IT do?

Ericsson's global IT outsourcing services.

What other Information technology companies has HP acquired?

HP has made 12 acquisitions in Information technology, including Ericsson IT. See the full list on the Information technology and HP acquisition pages.

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