Does Ericsson own Vonage?

... Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ: VG) for USD 21 per share. This represents a total acquisition price of approximately USD 6.2 billion (Enterprise Value). The merger agreement was approved unanimously by the Board of Vonage.

Where is Vonage headquartered?

Vonage is headquartered in Holmdel, New Jersey in the United States with 2,200 employees throughout the United States, EMEA and APAC. Vonage’s employees will remain with the company and the Vonage CEO Rory Read will join the Executive Team of Ericsson, reporting to CEO, Börje Ekholm. Read joined Vonage as CEO in July 2020.

What is Vonage doing with the Federal Trade Commission?

Vonage is currently engaged with the U.S. Federal Trade Commission to resolve an investigation into historic consumer practices which was initiated in 2020. Subscribe to Ericsson press releases here. Subscribe to the Ericsson Blog here. Ericsson enables communications service providers to capture the full value of connectivity.