Editing Iconectiv (section)

==Acquisition by Ericsson==
On June 14, 2011, [[Ericsson]] announced an agreement to acquire Telcordia for $1.15 billion.<ref>[http://www.ericsson.com/us/news/1523267 ''Ericsson to acquire Telcordia''] {{Webarchive|url=https://web.archive.org/web/20120301085446/http://www.ericsson.com/us/news/1523267 |date=March 1, 2012 }}, press release, Ericsson, 2011-06-14</ref> On January 12, 2012, Telcordia became a wholly owned subsidiary of Ericsson.<ref name="close">{{cite web |url=http://www.ericsson.com/news/1576841 |title=Ericsson closes Telcordia acquisition |date=2012-01-12 |access-date=January 12, 2012 |archive-date=June 18, 2013 |archive-url=https://web.archive.org/web/20130618152234/http://www.ericsson.com/news/1576841 |url-status=live }}</ref> On June 15, 2011, Ericsson announced the completion of the purchase from [[private-equity]] firms [[Providence Equity Partners]] and [[Warburg Pincus]],<ref>{{cite web |url=https://dealbook.nytimes.com/2011/06/14/ericsson-to-acquire-telcordia-for-1-15-billion |title=Ericsson to Acquire Telcordia for $1.15 Billion |work=New York Times |date=June 14, 2011 |access-date=2012-08-30 |archive-date=March 12, 2018 |archive-url=https://web.archive.org/web/20180312022344/https://dealbook.nytimes.com/2011/06/14/ericsson-to-acquire-telcordia-for-1-15-billion/ |url-status=live }}</ref><ref>{{cite web |url=https://www.wsj.com/articles/SB10001424052702303714704576385210649690654 |title=Ericsson Says It Will Buy Telcordia for $1.15 Billion |work=Wall Street Journal |date=June 14, 2011 |access-date=2012-08-30 |archive-date=March 2, 2018 |archive-url=https://web.archive.org/web/20180302121719/https://www.wsj.com/articles/SB10001424052702303714704576385210649690654 |url-status=live |last1=Das |first1=Anupreeta }}</ref> with the goal to pursue industry trends that include [[mobile broadband]], [[managed services]]/[[outsourcing]] and global [[Operations support system|OSS]]/[[Business support system|BSS]] transformation.<ref>{{cite web |url=http://tbri.com/analyst-perspectives/special-reports/pgView.cfm?document=6922 |title=Ericsson deepens back-office focus with Telcordia acquisition |work=Connected Planet |access-date=2012-08-30 |archive-date=July 1, 2016 |archive-url=https://web.archive.org/web/20160701012456/http://tbri.com/analyst-perspectives/special-reports/pgView.cfm?document=6922 |url-status=live }}</ref> The acquisition, which officially closed on January 12, 2012,<ref>{{cite web |url=http://www.vanillaplus.com/news/item/1515-ericsson-closes-telcordia-acquisition-for-us$115bn-after-short-delay |title=Ericsson closes Telcordia acquisition for US $1.15bn after short delay |work=Vanilla Plus |access-date=2012-08-30 }}{{Dead link|date=August 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> added about 2,600 employees to Ericsson's staff.<ref>{{cite web |url=https://www.bloomberg.com/news/2011-06-14/ericsson-agrees-to-acquire-telcordia-for-1-15-billion-in-an-all-cash-deal.html |title=Ericsson To Buy Telcordia For $1.2 Billion To Add Services |work=Bloomberg |access-date=2012-08-30 |archive-date=November 25, 2011 |archive-url=https://web.archive.org/web/20111125042238/http://www.bloomberg.com/news/2011-06-14/ericsson-agrees-to-acquire-telcordia-for-1-15-billion-in-an-all-cash-deal.html |url-status=live }}</ref> On June 4, 2012, Telcordia and its products were officially [[rebranded]] as Ericsson.<ref>{{cite web |url=http://www.lightreading.com/document.asp?doc_id=221601 |title=Say Goodbye To Telcordia |work=Light Reading |access-date=2012-08-30}}</ref>

In the process of integration, Telcordia's Advanced Technology Solutions business unit, the company's research arm, was rebranded as [[Applied Communication Sciences]], and became a wholly owned subsidiary of Ericsson that operated independently on day-to-day operations pursuant to a proxy structure mandated by the U.S. government.<ref>{{cite web |url=http://www.telecomlead.com/information/telcordia-applied-communication-sciences-becomes-wholly-owned-subsidiary-of-telcordia-technologies-6212 |title=Telcordia Applied Communication Sciences Becomes Wholly Owned Subsidiary Of Telcordia Technologies |work=OSS News Review |date=January 19, 2012 |access-date=2012-08-30 |archive-date=June 17, 2016 |archive-url=https://web.archive.org/web/20160617103429/http://www.telecomlead.com/information/telcordia-applied-communication-sciences-becomes-wholly-owned-subsidiary-of-telcordia-technologies-6212 |url-status=live }}</ref> In October 2012, Applied Communication Sciences relocated its headquarters to [[Basking Ridge, New Jersey|Basking Ridge]], New Jersey, occupying the former headquarters of AT&T Wireless.

In February 2013, Ericsson launched ''iconectiv'' for its interconnection business.<ref>{{Cite web |title=Interconnection solutions renamed iconectiv |url=http://www.ericsson.com/news/130214-interconnection-solutions-renamed-iconectiv_244129229_c |date=14 February 2013 |website=Ericsson |url-status=dead |archive-url=https://web.archive.org/web/20130218074301/http://www.ericsson.com/news/130214-interconnection-solutions-renamed-iconectiv_244129229_c |archive-date=18 February 2013}}</ref> During this time, Ericsson maintained its corporate presence in [[Plano, Texas]] and iconectiv's corporate presence in New Jersey. In July 2017, iconectiv moved its headquarters from [[Piscataway, NJ|Piscataway]] to [[Bridgewater, NJ|Bridgewater]], [[New Jersey]].<ref>{{cite web |url=http://www.iconectiv.com/news-events/global-piscataway-telecommunications-firm-moving-bridgewater |title=Global Piscataway Telecommunications Firm Moving to Bridgewater |work=iconectiv.com |access-date=2017-08-04 |archive-date=August 4, 2017 |archive-url=https://web.archive.org/web/20170804113830/http://www.iconectiv.com/news-events/global-piscataway-telecommunications-firm-moving-bridgewater |url-status=live }}</ref> 

In August 2024, Ericson announced a sale of iconectiv to Koch Equity for $1 billion.<ref>{{cite web | url=https://www.datacenterdynamics.com/en/news/ericsson-sells-iconectiv-to-koch-equity-for-1bn/ | title=Ericsson sells iconectiv to Koch Equity for $1bn | date=August 21, 2024 }}</ref>