Ericsson, Industrivärden, Investor AB and Merrill Lynch launch USD 300 million mobile Internet venture capital fund
Ericsson, Industrivärden, Investor AB and Merrill Lynch launch USD 300 million mobile Internet venture capital fund Ericsson, Industrivärden, Investor AB and Merrill Lynch today announced their agreement to form Ericsson Venture Partners, a USD 300 million venture capital fund, targeting mobile Internet development. Ericsson Venture Partners will invest primarily in mobile Internet ventures and technologies, focusing on Europe and North America. Investments will cover all aspects of mobile Internet technology, including network infrastructure, services and applications. "We expect more