Ericsson acquires cloud communications provider Vonage for $6.2B
Ericsson has entered an agreement to acquire cloud communications provider Vonage for $6.2 billion. Ericsson intends to expand its wireless enterprise offerings globally and offer existing customers an increased share of a market that’s set to hit $700 billion by 2030. Ericsson’s acquisition of Vonage will help it achieve that goal. Börje Ekholm, President and…