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Short Take: Ericsson invests in Oz.com

Ericsson has made a $13 million minority equity investment in Oz.com, maker of Internet software for PCs, cellular phones, pagers, and other handheld devices. The companies plan to collaborate on iPulse, a software that allows users to chat online or talk via Internet telephony.

Ericsson has made a $13 million minority equity investment in Oz.com, maker of Internet software for PCs, cellular phones, pagers, and other handheld devices. The companies plan to collaborate on iPulse, a software that allows users to chat online or talk via Internet telephony.