Will Ericsson's $6.2 Billion Buyout Start a Consolidation Chain Reaction? - NewsBreak

Vonage found a generous buyout bid at the end of the rainbow. Ericsson wants to use this deal as a springboard into cloud-based communications services. The deal could trigger a wave of consolidation across the cloud communications sector. Swedish telecom equipment giant LM Ericsson (NASDAQ:ERIC) is buying cloud-based communications...