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Telecom giant Ericsson announced Monday it has acquired Holmdel, New Jersey-based cloud communications firm Vonage in a $6.2 billion all-cash deal, as part of the effort to broaden its 5G portfolio. The merger agreement was approved unanimously by the Board of Vonage. The acquisition [] The post Swedens Ericsson buys cloud communication company Vonage in a $6.2 billion deal appeared first on Tech News | Startups News .

Legion Partners Comments on Sale of Vonage

12:45pm, Monday, 22'nd Nov 2021 Wallstreet:Online
Today, Legion Partners Asset Management, LLC (Legion Partners), a 2.2% beneficial, long-term stockholder of Vonage Holdings Corp. (NASDAQ: VG), issued the following statement regarding the news that Ericsson (NASDAQ: ERIC) will purchase Vonage for $6.2 billion in cash, or $21 per share. Chris Kiper, Co-Founder and Chief Investment Officer of Legion Partners, stated: Legion Partners

Pre-market Movers: ASTR, VG, CEI, CMBM, PTNR

12:37pm, Monday, 22'nd Nov 2021 Business Insider Markets
(RTTNews) - The following are some of the stocks making big moves in Monday''s pre-market trading (as of 07.05 A.M. ET). In the Green Astra Space, Inc. (ASTR) is up over 40% at $13.41 Vonage Holdings Corp. (VG) is up over 25% at $20.60 Camber Energy, Inc. (CEI) is up over 25% at $1.52 Cambium Networks Corporation (CMBM) is up over 15% at $31.
The Swedish specialist in telecom networking equipment is buying its way into the cloud-based communications market.
PainReform (PRFX) stock is on the move Monday with heavy trading despite a lack of news coming from the medical device company. The post PRFX Stock: 8 Things to Know About PainReform as Shares Trend o

Ericsson To Buy Cloud Firm Vonage In $6.2 Bln Deal

11:48am, Monday, 22'nd Nov 2021 Business Insider Markets
(RTTNews) - Swedish networking and telecom company Ericsson Monday announced its agreement to buy Vonage Holdings Corp., a cloud-based communications provider, for about $6.2 billion. Ericsson further said it continues with its previously announced financial targets, including long-term EBITA margins of 15 percent-18 percent. The company has a

Here's why Santa may skip Wall Street this year

11:42am, Monday, 22'nd Nov 2021 MarketWatch
An extended period of flows into risky assets has crested as the dollar firms.

Ericsson to Buy Vonage for $6.2 Billion

11:39am, Monday, 22'nd Nov 2021 EquityPandit
Ericsson is purchasing cloud firm Vonage for $6.2 billion. The merger agreement was passed unanimously by the Board of Vonage, Ericsson said in a statement. The acquisition is to expand globally in the wireless enterprise and offer existing customers an increased share of a market valued at $700 billion by The post Ericsson to Buy Vonage for $6.2 Billion appeared first on Equitypandit .
Ericsson has paid $6.2bn in cash for cloud-based services group Vonage in its biggest acquisition yet.

Why Vonage Shares Are Soaring Today

10:43am, Monday, 22'nd Nov 2021
Vonage Holdings Corp (NASDAQ: VG) is trading significantly higher Monday after the company announced it would be acquired by Ericsson (NASDAQ: ERIC) in a $6.2 billion acquisition. Ericsson entered i

Ericsson to Acquire Vonage

10:18am, Monday, 22'nd Nov 2021 UC Today News
Ericsson is set to acquire Vonage for $6.2bn to fuel its development of a global communication network. The acquisition has already been approved by Vonages board and is scheduled to be completed in the first half of 2022, providing it receives regulatory approval and support from Vonage shareholders. Börje Ekholm, President and CEO of Ericsson, []
Ericsson's (ERIC) leadership in 5G technology will boost the developing space for open network application programming interfaces.
Swedish telecom equipment maker Ericsson is buying U.S. cloud communications company Vonage in a $6.2 billion deal that will help it expand wireless services for business customers.
The stock price of Vonage Holdings Corp. (NASDAQ: VG) increased by over 20% pre-market today. This is why it happened.
HOLMDEL, N.J., Nov. 22, 2021 (GLOBE NEWSWIRE) --  Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage (NASDAQ: VG) for USD 21 per share. This represents a total acquisition pric
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