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

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

Most Read Articles

NSW Health uses AI to help map staff access to digital patient record system

NSW Health uses AI to help map staff access to digital patient record system

Australia's Firmus to launch $7 billion IPO on October 6

Australia's Firmus to launch $7 billion IPO on October 6

Australia's CSL taps AWS to boost research pipeline

Australia's CSL taps AWS to boost research pipeline

Meet Adapt, Westpac's Azure-based enterprise data platform

Meet Adapt, Westpac's Azure-based enterprise data platform

Log In

  |  Forgot your password?