Born in Sweden in 1846, Lars Magnus Ericsson, the founder of Ericsson, is considered one of the real pioneers of the telecommunications industry in the world.
It all began in the year 1876, in a 13-square meter repair workshop for telegraph instruments in downtown Stockholm. 30-year-old mechanic Lars Magnus Ericsson laid the foundation for one of the world's leading telecommunication companies with his former work colleague Carl Johan Andersson. It was, coincidentally, the same year that Alexander Graham Bell filed his patent application for a telephone in the United States.
That was only the beginning of Ericsson's achievements in the area of telecommunications. L M Ericsson's repair shop is now a worldwide telecom supplier. In 1895, Ericsson could already count on about 500 employees - a number much higher than the European average of those years - and his company was strongly positioned in both the domestic market and in foreign countries.
This dynamic of growth will continue for over a century and the original idea of Ericsson will continue to live in our days in a company which is leader in the field of telecommunications and is present in more than 180 countries with over 104.525 (Dec 31, 2011) employees in the world.
The secret of Ericsson's success will always be the pursuit of innovation and progress in an al-communicating world. In fact Lars Magnus Ericsson considered the communication as a primary human need, in any place.
The creativity in projects, the ability to be the "prime driver", the professionalism and the international inspiration that nowadays still characterize the company, stem by Lars Magnus.
Equally, he inspires and supports the Foundation's mission and objectives.