Ericsson announce approval of Microelectronics transaction

Following the press release dated June 12, 2002 announcing the purchase by Infineon Technologies AG of Ericsson's Microelectronics division, Ericsson is pleased to announce that the transaction has now been approved by all responsible anti-trust authorities. Closing is expected to occur before the end of September 2002.
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

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Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 100,000 experts who provide customers in 180 countries with innovative Solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2017 were SEK 201.3 billion (USD 23.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

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