"The Marconi businesses are an excellent fit for Ericsson and we are delighted to welcome about 6,660 Marconi employees to Ericsson. This is a powerful combination that will bring value to Ericsson as well as our customers who will substantially benefit from the combination of the two companies," Carl-Henric Svanberg, chief executive of Ericsson, said in a news release.
Ericsson announced it would buy out Marconi's key business last October.
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