Ericsson snaps up cloud firm Vonage in $8.56 billion deal

By
Follow google news

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

Services Australia to tap law enforcement data for staff security

Services Australia to tap law enforcement data for staff security

AI to streamline ATO contact centre operations

AI to streamline ATO contact centre operations

Microsoft rolls out initiative to limit data centre power costs

Microsoft rolls out initiative to limit data centre power costs

Rio Tinto plugs AWS into innovative copper process

Rio Tinto plugs AWS into innovative copper process

Log In

  |  Forgot your password?