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

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
acquisitioncloudericssonnetworkingsoftwaretelecomvonage

Sponsored Whitepapers

5 reasons to adopt a mobile first security strategy
5 reasons to adopt a mobile first security strategy
Uncomplicate IT Service Delivery with AI Agents
Uncomplicate IT Service Delivery with AI Agents
Getting ahead of the tech: what’s next for Australian organisations in digital transformation
Getting ahead of the tech: what’s next for Australian organisations in digital transformation
Fintech compliance made fast and secure
Fintech compliance made fast and secure
How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide
How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide

Events

Most Read Articles

NAB hits milestone with tech role insourcing

NAB hits milestone with tech role insourcing
BoM never planned to end reliance on 'legacy' site

BoM never planned to end reliance on 'legacy' site
Yarra Valley Water betting on AI to predict asset failures

Yarra Valley Water betting on AI to predict asset failures
M365 portal buckling as demand for Copilot refunds soar

M365 portal buckling as demand for Copilot refunds soar
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?