Ericsson to Build Silicon Valley Campus
May 28 2014 - 10:51AM
Dow Jones News
By Rory Gallivan
Swedish telecommunications group Ericsson (ERIC) Wednesday
announced the construction of a new campus in Santa Clara,
California, as it seeks to boost its presence in Silicon Valley,
the location of many of the world's largest technology
companies.
The facility will be ready for its first occupants in the third
quarter of 2015, Ericsson said.
"The new campus will consolidate Ericsson's Silicon Valley
operations, bringing together approximately 2,000 Ericsson staff
dedicated to driving innovation in IP (Internet Protocol) and TV
and Media," the company said.
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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