Swedish telecom giant acquires Turkish Bizitek in “milestone” deal.

Ericsson AB, the world’s largest maker of wireless phone networks, has acquired Bizitek, the leading Turkish systems integrator of business support systems, the company said on Thursday.

"This agreement stands as a milestone in Ericsson's 118 years of presence in Turkey. Systems integration is a key area for Ericsson as operators are starting their network transformation programs", said Anders Lindblad, President of Ericsson in Turkey and Israel.

The acquisition is intended to add strategic competence to Ericsson's services portfolio in the field of business support systems. All of 116 employees at Bizitek will be transferred to Ericsson.