Ericsson to buy cloud firm Vonage for $6.2 bln - NewsBreak
By Vivian in Business
Updated 2 years ago
STOCKHOLM, Nov 22 (Reuters) - Mobile telecoms equipment maker Ericsson (ERICb.ST) said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion. "The merger agreement was approved unanimously by the Board of Vonage," Ericsson said in a statement. "The transaction builds upon Ericsson's stated intent to...