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Ericsson, Oz.com to Team in Equipment Deal

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Bloomberg News

Ericsson, the world’s No. 3 cellular phone maker, will team up with software maker Oz.com to develop equipment that can combine data and telecommunications services. The Stockholm-based company said the companies will develop technologies based on Internet Protocol, the system that routes most data traffic on corporate networks and the Internet. Ericsson and other phone-equipment makers, such as No. 2 Motorola Inc., are pushing to develop networks that can carry data and give phone users access anywhere to the global computer network, electronic mail and other functions.

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