Ericsson snaps up cloud firm Vonage in $8.56 billion deal

By

Moves to broaden its 5G portfolio.

Ericsson snaps up cloud firm Vonage in $8.56 billion deal
Ericsson has agreed to buy cloud communications firm Vonage in a US$6.2 billion (A$8.56 billion) all-cash deal, as the telecom gear maker moves to broaden its 5G portfolio. The deal, one of the largest in Ericsson's history, follows its US$1.1 billion (A1.5 billion) purchase of Cradlepoint ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Defence commits to five more years of Azure worth $495m

Defence commits to five more years of Azure worth $495m

TAFE NSW inks $34m Microsoft renewal

TAFE NSW inks $34m Microsoft renewal

AGL taps AI agents in retail transformation

AGL taps AI agents in retail transformation

NSW Health continues cloud shift with $160m AWS renewal

NSW Health continues cloud shift with $160m AWS renewal

Log In

  |  Forgot your password?