Ericsson has completed its acquisition of Vonage Holdings, bringing to Ericsson the building blocks to offer a full suite of cloud-based communications, contact centre, and unified communications platforms. To accelerate growth in Vonage’s UCaaS and CCaaS solutions, Ericsson intends to increase R&D investments and offer these solutions to communications services providers. Ericsson will also complement […]
The ongoing LEAP, which is aimed at accelerating Saudi Arabia’s ambitions to expand its digital economy by 50 per cent, and grow its contribution to the wider economy by $13 billion, showcases the kingdom as a digital powerhouse It’s hard to recall when Saudi Arabia wasn’t powering the Middle East digital transformation scene. You have […]
Ericsson has entered into an agreement to acquire Vonage Holdings Corp for $21 per share. This represents a total acquisition price of approximately $6.2 billion (Enterprise Value). The merger agreement was approved unanimously by the board of Vonage. The transaction builds upon Ericsson’s stated intent to expand globally in wireless enterprise, offering existing customers an […]
