Aastra R&D outlays soar following key acquisition

Guest Contributor
April 30, 2009

Aastra Technologies Ltd boosted its R&D spending to $21.9 million or 10% of sales in Q1/09 as the company benefits from its acquisition of the Ericsson Enterprise portfolio one year ago. That compares to R&D outlays of $13.7 million in Q1/08, an increase of 59.9%. Based in Concord ON, Astra attributes the jump in R&D expenditures to its Ericsson acquisition and says it will continue to streamline its R&D investments and "explore synergy opportunities across its product lines". Aastra carries a full range of open-standard and traditional communications networking products including terminals, systems and applications....


Other stories mentioning these organizations, people and topics
Organizations: Aastra Technologies Ltd and Ericsson Enterprise

Other News






Events For Leaders in
Science, Tech, Innovation, and Policy


Discuss and learn from those in the know at our virtual and in-person events.



See Upcoming Events










You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.