STOCKHOLM - Wireless equipment maker LM Ericsson said Friday it has bought Spanish software company NetSpira Networks in a move to improve its mobile data services. The value of the deal was not announced.
Technology developed by NetSpira Networks will make it easier for service providers to charge customers for mobile data on their handsets, including downloads, Web browsing and sending multimedia messages, the Stockholm-based company said.
"Content and event-based charging in the network is being demanded by an increasing number of our customers as it enables operators to fine-tune their charging and service models to maximize revenues without increasing operational costs," Ericsson's Executive Vice President Bjorn Olsson said.
Ericsson acquired the software maker from Spanish venture capital firm Bullnet Capital. Netspira has operations in Madrid and Barcelona.
Stockholm-based Ericsson is the world's largest maker of wireless telecom infrastructure equipment employing some 50,000 people.