Former LHS Telekommunikation GmbH & Co. KG, is now a fully integrated part of Ericsson.
In 1997, LHS Group Inc. floated on the Nasdaq stock exchange and later also on the Neuer Markt (Germany).
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.
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.