Sweden’s Ericsson to buy US cloud operator Vonage
STOCKHOLM: Ericsson said on Monday it was acquiring US cloud-based communications provider Vonage, in the Swedish company’s biggest acquisition in recent memory, as it widens its operations beyond its traditional telecommunications equipment business. The $6.2 billion (5.5 billion euros) deal is part of Ericsson’s strategy to expand its presence in wireless enterprise and broaden its global … Read more