Ericsson has completed its acquisition of Vonage, supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise.
Ericsson has received clearance from the Committee on Foreign Investments in the United States (CFIUS) to complete its acquisition of Vonage.
Ericsson has entered into an agreement to acquire Vonage for $21 per share, representing a total acquisition price of approximately $6.2 billion.
Vonage has been named as a supplier on Crown Commercial Service’s (CCS) G-Cloud framework, for its Vonage Business Communications and Vonage Contact Center solutions.