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Technology / AI and automation

ERICSSON BUYS US PAGING EQUIPMENT MAKER SPECTRUM

L M Ericsson Telefon AB has agreed to pay $6.5m for the Spectrum Communications & Electronics Corp unit of Switchco Inc. Spectrum employs some 100 people in Hicksville, New York developing and manufacturing terminal equipment for wide area paging and for speech messaging systems. Spectrum will report to Ericsson’s Magnetic AB in Sweden.

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