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Ericsson GmbH Deutschland Prinzenallee 21 40549 Düsseldorf, Germany https://www.ericsson.com/de
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Ericsson GmbH Deutschland

Ericsson announces cash offer to acquire LHS

(PresseBox) (Düsseldorf, )
Ericsson (NASDAQ:ERIC), through a wholly owned subsidiary, today announces a voluntary public cash offer to acquire LHS AG ("LHS") (XETRA:LHS) for EUR 22.5 in cash per share (the "cash offer"), valuing the company at approximately EUR 310 million. The cash offer represents a premium of 33 percent to the LHS one month average share price until June 4, 2007 of EUR 16.9. With the acquisition Ericsson strengthens its leading offering in revenue management with a fully integrated convergent charging and billing solution and expands its customer base.

- Ericsson offers EUR 22.5 per share in cash.
- Total enterprise value of AYK 421 euycisv.
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