Ericsson Builds Silicon Valley Presence

Ericsson (NASDAQ:ERIC) announced that it will base Per Borgklint in Silicon Valley. Borgklint heads Ericsson's Business Unit Support Solutions and is a member of the company's executive leadership team.The Business Unit Support Solutions unit develops software-based solutions for OSS/BSS, real-time enablement, multiscreen and on-demand TV, compression and M-Commerce.