# Flex Power completes acquisition of Ericsson Power Modules from Ericsson

Flex Power completed the acquisition of Ericsson Power Modules AB from Telefonaktiebolaget LM Ericsson on September 21, 2017. The deal includes the transfer of over 300 employees.

- Type: Acquisition
- Announced: 2017-09-21
- Where: Sweden
- Jobs: 300
- Status: completed
- Products: power modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Flex Power](https://endata.com/companies/27045.md) (acquirer)
- [Ericsson Power Modules](https://endata.com/companies/27046.md) (target)
- [Telefonaktiebolaget LM Ericsson](https://endata.com/companies/27047.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ERICSSON-6494918/news/Flex-Power-completed-the-acquisition-of-Ericsson-Power-Modules-AB-from-Telefonaktiebolaget-LM-Ericss-34956723/), 2017-09-20: "Flex Power completed the acquisition of Ericsson Power Modules AB from Telefonaktiebolaget LM Ericsson (publ) on September 21, 2017."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.