Ericsson Summer Festival
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Ericsson Summer Festival
(lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Sweden, Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol (IP) and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. Ericsson has over 57,000 granted patents. Ericsson has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G. The company was founded in 1876 by Lars Magnus Ericsson and is jointly controlled by the Wallenberg family through its holding company Investor AB, and the universal bank Handelsbanken through its investment company Industrivärden. The Wallenbergs and the Handelsbanken sphere acquired th ...
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Kista
Kista () is a district in the borough of Rinkeby-Kista, Stockholm, Sweden. It has a strategic position located in between Sweden's main airport, the Stockholm-Arlanda International Airport and central Stockholm, and alongside the main national highway E4 economic artery. Kista comprises residential and commercial areas, the latter in the highly technological telecommunication and information technology industry. There are large research efforts in this entire area, which therefore is dubbed Kista Science City. It is the research park of KTH Royal Institute of Technology. Kista is the largest Information and Communications Technology (ICT) cluster in Europe, and was ranked the world's second largest cluster after Silicon Valley in California during the internet boom of 2000. It is the largest corporate area in Sweden, important to the national economy due to the presence of, among others, Ericsson Group, one of the largest corporations in Sweden. Kista Science City is the ...
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