Lars Magnus Ericsson Founder of Ericsson
Biography of Lars Magnus Ericsson
Early Life
Lars Magnus Ericsson founder of Ericsson was born on 5th May 1846 in Varmskog, Varmland, Sweden. He flourished and nourished in a small village of Vegerbol which was located in between Karlstad and Arvika. His father died when he was twelve years of age. This tragedy compelled him to work as a miner for earning and survival purpose. He worked very hard to earn a handsome amount of money. When he earned sufficient money for moving out somewhere else, he collected that money and migrated to Stockholm in 1867.
Interest in Manufacturing Field
In Stockholm he worked for an instrument maker for six years. That instrument maker’s name was Ollers and Co. that company made telegraph equipment. He was a very quick learner and due to his abilities and skills he was given a scholarship of two states for going abroad and learning courses of instrument making in between 1872 and 1875. He also worked in a famous electronic company named Siemens and Halske.
Founder of Ericsson
He returned back to Sweden in 1876. He started a small business there. He opened a small mechanical workshop with his friend. That workshop was started in a kitchen. That workshop was in the field of telephone. He analyzed big telephone companies like Bell Company and Siemens telephones. After analyzing them he used their designs and created his own copies of telephones. That workshop was the initial phase of Ericsson Company, that small workshop evolved as a big telecommunication company in the future as Ericsson Company. So, the exact year for the formation of Ericsson Company was 1876.
Ericsson
Ericsson is a multinational company of Sweden in the field of telecommunication technology and services provider. This company includes offerings and the services of software and infrastructure with the support and complement of Information and Communication Technology (ICT). The targeted audience and customers of this company is telecom operators and some other industries also related with telecommunication technology.
Goods and services of the company includes IP networking and telecommunications equipment, fixed and portable broadband devices, business support solutions and operations, IPTV, cable TV, an extensive services operations and video systems manufacturing.
It also has become the leader of online data traveling technologies. It covers 35 percent share of 2G, 3G, 4G and in this way it became the market leader of internet services provider in 2012.
It’s headquarter is based in Stockholm, Sweden. Today this company has more than 110,000 persons as its employees who provide services to its clients all over the world in more than 180 countries. These 180 countries also include China, the United Kingdom, the United States of America, Italy, Australia, South Africa, Japan, Brazil, India, Germany, and its main Sweden.
Later Years
He retired from Ericsson Company in 1900 at the age of 54 years. He didn’t sell his share in the company until 1905, after keeping it for five years he sold them. Personality wise he was very demanding person and respected his employees, in turn his employees also respected him a lot.
Death
He died in 1926. He was buried in Botkyrka at Hagelbygard. Before his death he requested his family members not to put any headstone on his grave. That was his explicit request and after his death no any headstone was placed on his grave.
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