Sweden's Ericsson snaps up cloud firm Vonage in $6.2 billion deal

Sweden's Ericsson snaps up cloud firm Vonage in $6.2 billion deal

4 years ago
Anonymous $FNmJglWnLu

https://www.reuters.com/article/ericsson-vonage/swedens-ericsson-snaps-up-cloud-firm-vonage-in-6-2-billion-deal-idUSKBN2I70CW

STOCKHOLM (Reuters) -Ericsson on Monday agreed to buy cloud communications firm Vonage in a $6.2 billion all-cash deal, as the telecom gear maker moves to broaden its 5G portfolio.