- Ericsson will relocate its Montreal-based Research and Development
(R&D) and Services Centre to a new site in the city
- The 265,350 square feet facility will house the company's more
than 1700 employees
- New facility highlights Ericsson's long-term commitment to the
City of Montreal
MONTREAL, May 6, 2015 /CNW/ - Ericsson (NASDAQ:ERIC)
today announced it will relocate its Montreal-based R&D and Services Centre to
a new site located on Poirier St., fronting on the Trans-Canada
Highway, in the City of Montreal,
borough of Saint-Laurent.
The new facility will house the company's more than 1700
employees in the area and the move is expected to start at the end
of 2016. The new Montreal office
will provide Ericsson with an efficient and state-of-the-art work
environment to effectively support business needs in Montreal well into the future.
Mark Henderson, Head of
Ericsson Canada, along with company
officials were joined by Saint-Laurent Mayor, Alan DeSousa, and members of his council to
commemorate the occasion at a ground breaking ceremony held this
afternoon.
Henderson says: "Ericsson's new location will offer our
employees the opportunity to work in next-generation buildings,
designed to increase employee collaboration through flexibility and
efficiency. We look forward to remaining in Montreal and continuing to build a strong
technology ecosystem in Canada."
"We are very pleased to welcome Ericsson to Saint-Laurent," said Saint-Laurent Mayor Alan DeSousa. "Ericsson's reputation, with its
commitment to respect responsible development in relation to
financial, environmental and socio-economic concerns, is in keeping
with the vision and values of Saint-Laurent's Administration. With its 4600
companies and its four major industrial clusters, Saint-Laurent offers an environment that is
conducive to business development, through its geographic location
in the heart of the island of Montréal and its research and
development vitality."
Ericsson has operated in Canada
since 1953 and today has more than 3,500 employees across the
country. In 2014, Ericsson invested more than $317 million in Canadian R&D, and ranks as
one of the Top 10 R&D investors in the country with a total
R&D investment in Canada of
more than $4 billion CAD. The
Montreal site is one of Ericsson's
largest R&D Centres outside Sweden. It is a leading player in the
information and communications technology (ICT) ecosystem in
Canada and has contributed 465
patents to Ericsson's patent portfolio since 1986.
NOTES TO EDITORS
Download high-resolution photos and
broadcast-quality video at www.ericsson.com/press
Ericsson is the driving force behind the Networked Society –
a world leader in communications technology and services. Our
long-term relationships with every major telecom operator in the
world allow people, business and society to fulfill their potential
and create a more sustainable future.
Our services, software and infrastructure – especially in
mobility, broadband and the cloud – are enabling the
telecom industry and other sectors to do better business, increase
efficiency, improve the user experience and capture new
opportunities.
With approximately 115,000 professionals and customers in 180
countries, we combine global scale with technology and
services leadership. We support networks that connect more than 2.5
billion subscribers. Forty percent of the world's mobile traffic is
carried over Ericsson networks. And our investments in research and
development ensure that our solutions – and our customers – stay in
front.
Founded in 1876, Ericsson has its headquarters in
Stockholm, Sweden. Net sales in
2014 were SEK 228.0 billion
(USD 33.1 billion). Ericsson is
listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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SOURCE Ericsson Canada