Former LHS Telekommunikation GmbH & Co. KG, is now a fully integrated part of

Ericsson (lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in informa ...

. From 28 January 2011, the

brand is used for all billing and customer care solutions of the company.

History

LHS was founded in 1990 as LHS Specifications GmbH in

Dreieich Dreieich () is a town in the Offenbach district in the of Darmstadt in Hessen, Germany. The town is part of the Frankfurt Rhein-Main urban area and is located roughly south of downtown Frankfurt am Main. With a population of more than 40,000 ...

, Germany by

Hartmut Lademacher Hartmut Lademacher (born 5 July 1948) is a German tech entrepreneur. Biography In 1990, Lademacher founded, together with Joachim Hertel, Rainer Zimmermann and other executives at IBM where he had been working, the company LHS Specifications ...

, Dr. Joachim Hertel and Dr. Rainer Zimmermann, among other former IBM group managers, LHS is an acronym for Lademacher und Hertel Software. In 1997, LHS Group Inc. floated on the Nasdaq stock exchange and later also on the Neuer Markt (Germany). LHS Group IPO was launched for $77 million.

Sema Sama ( tr, Sema, Persian, Urdu and ar, سَمَاع - ''samā‘un'') is a Sufi ceremony performed as part of the meditation and prayer practice dhikr. Sama means "listening", while dhikr means "remembrance".During, J., and R. Sellheim. "Sam ...

acquired LHS Inc. in 2000, by the amount of $4.7 billion, and subsequently, in 2001, Sema was taken over by Schlumberger by the amount of 5.2 billion, the resulting entity was then renamed SchlumbergerSema. In 2003, Schlumberger withdrew from all sectors except its core sector of oilfield services and equipment. Its telecoms business was separated into a product house maintained by Schlumberger and a systems integration business, which was sold to

Atos Atos is a European multinational information technology (IT) service and consulting company headquartered in Bezons, France and offices worldwide. It specialises in hi-tech transactional services, unified communications, cloud, big data and ...

Origin for $1.5 billion. In 2004,

General Atlantic General Atlantic (also known as "GA") is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for ...

, LLC and LHS Acquisition GmbH, both amongst the original shareholders of LHS Group Inc., acquired the product house from Schlumberger. LHS was converted to a stock corporation in August 2006 and went public in October 2006 on the German Prime Standard as LHS400. In June 2007, Ericsson acquired the majority (75.1%) of LHS's shares, $420 million, and launched a public offer for the company. Ericsson acquired the remaining company shares in February 2010. LHS was delisted from the

German Stock Exchange The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Loca ...

and is now wholly owned by

Products and awards

LHS main product is BSCS (Business Support & Control System), an end-to-end rating, billing, interconnect and customer care system for telecommunication operators which is used widely till this day on a global level due to the large market share that it acquired during the early 2000s (more than 100 telecom operators) and their latest release under LHS was BSCS iX LHS was awarded "Best Billing or Customer Care Solution" by the GSM Association (

GSMA The GSM Association (commonly referred to as 'the GSMA' or ''Global System for Mobile Communications'', originally ''Groupe Spécial Mobile'') is an industry organisation that represents the interests of mobile network operators worldwide. More ...

) in Cannes in 2005, received the Frost & Sullivan "Stratecast Global Investment of R&D Resources to Address Core Billing Needs" Award in 2007 and won the IIR World BSS Award for its "Overall Best Contribution to BSS" in London in 2005, 2006, and 2008. Furthermore, the company was awarded "Most Effective Customer Facing Project" in 2009 at the BSS Summit and the "Global Telecoms Business Innovation Award" in 2010.

External links

Ericsson completes brand migration of LHS
Ericsson Software companies of Germany 1997 initial public offerings 2000 mergers and acquisitions