Light Reading - Ericsson Buys Marconi Assets

"Ericsson today announces that it has reached an agreement with Marconi Corporation plc to acquire the parts of Marconi's telecommunications business that are strategically important to Ericsson.
The agreement strengthens Ericsson's position in the accelerating transmission segment
Expands Ericsson's platform for leadership in next generation converging networks
Adds sales of approximately SEK 14.0 b. (GBP 1.0 b.), acquisition price SEK 16.8 b. (GBP 1.2 b.)
Will contribute positively to EPS from 2007, neutral effect in 2006
Headquarters and certain businesses in UK and Germany are not part of the acquisition
Marconi's UK pension plan is not part of the acquisition "