Ericsson to acquire Vonage for $6.2 billion

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Michael Gariffo

By

Michael Gariffo

| November 22, 2021

| Topic: Tech Industry

Ericsson has agreed to acquire Voice over IP (VoIP) and B2B communications provider Vonage for $0.21 per share, or a total purchase price of approximately $6.2 billion. This represents a 28% premium over Vonage’s share price at the close of the most recent trading day. 

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