Cybercom and ST-Ericsson sign agreement to outsource services and transfer ST-Ericsson R&D employees in Linköping to Cybercom
Stockholm/Geneva –October 10, 2012 – Cybercom, an IT consulting Company (XSTO: CYBE) and ST-Ericsson, a joint venture of STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC) announced today that they have signed an agreement to transfer the activities and resources of the ST-Ericsson research and development center in Linköping (Sweden) to Cybercom. Cybercom, as an important supplier to ST-Ericsson, will develop testing tool software for ST-Ericsson through June 2013.
