Ericsson (Swedish pronunciation: [ˈlɑːʂ
ˈmaŋnɵs ˌeːrɪkˈsɔn] ( listen); 5 May 1846 – 17
December 1926) was a Swedish inventor, entrepreneur and founder of
telephone equipment manufacturer
Ericsson (incorporated as
Telefonaktiebolaget LM Ericsson).
Lars Magnus was born in Värmskog, Värmland, and grew up in the small
village of Vegerbol located between
Karlstad and Arvika. At the age of
12, Ericsson's father died forcing him to seek work as a miner. He
worked until he had money enough to leave the village and move to
Stockholm in 1867. He then worked for six years for an instrument
maker named Öllers & Co. who mainly created telegraph equipment.
Because of his skills, he was given two state scholarships to study
instrument making abroad between 1872 and 1875. One of the companies
he worked at was Siemens & Halske.
Upon his return to Sweden in 1876, he founded a small mechanical
workshop together with his friend Carl Johan Andersson who had also
worked at Öllers & Co.. This workshop was actually a former
kitchen of some 13 m2 situated at Drottninggatan 15 in the most
central part of Stockholm. Here, he started a telephone company by
analyzing Bell company and Siemens telephones and creating his own
copies in their image. It was not until they started cooperating with
Henrik Tore Cedergren in 1883 that the company would start to grow
In the year 1900 Lars Magnus retired from
Ericsson at the age of 54.
He kept his shares in the company until 1905 and then sold them all.
He is said to have been a demanding person, and disliked any direct
publicity about his personality and did not wish to be idolized. He
was, however, deeply respected by his employees. He was always a
skeptic and cautious in business. He was also somewhat opposed to
patents, as many of the products he made would not have been possible
to do if the patent legislation had been overly effective. When his
phones were copied by Norwegian companies he did not care, as his
phones had in turn been largely copied from Siemens. He initially did
not believe in a mass market for telephones, and saw it as a toy for
the leisure class.
After his death in 1926, he was buried at Hågelby gård in Botkyrka.
At his explicit request, there is no headstone marking his grave.
ISNI: 0000 0000 5267 0795
David Carnegie, the Older
Anna Christina Cronquist
Louis De Geer
Maria Sofia De la Gardie
Abraham Hülphers the Older
Baltzar von Platen
Axel Ludvig Broström
Lars Magnus Ericsson
Göran Fredrik Göransson
Gustaf de Laval
Carl Richard Nyberg
Johan Petter Åhlén
before World War II
Johan Throne Holst