Francisco Partners completes investment in Ericsson’s iconectiv business
· Francisco Partners completes its investment in iconectiv · As previously announced on March 7, 2017, Francisco Partners invests USD 200 million to acquire a 16.7% ownership in iconectiv · Partnership will enable further development and growth of iconectiv and drive shareholder valueFrancisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson (NASDAQ: ERIC). As part of the investment, Francisco Partners invests USD 200 million to acquire a 16.7% ownership in iconectiv. The partnership between Ericsson