How much is Vonage worth?

The all-cash deal values Vonage at $6.2 billion, or $21 per share. That's a premium of 28% to the stock's closing price on Friday. Acquiring Vonage will allow Ericsson to expand its presence in a wireless enterprise market that could grow to $700 billion by 2030.

Where is Vonage Holdings Corp headquartered?

The company was incorporated in 2000 and is headquartered in Holmdel, New Jersey. As of July 21, 2022, Vonage Holdings Corp. operates as a subsidiary of Telefonaktiebolaget LM Ericsson (publ). View today's Vonage Holdings Corp stock price and latest VG news and analysis. Create real-time notifications to follow any changes in the live stock price.

Why did Vonage stock jump 27% on Monday?

Shares of Vonage Holdings ( VG) jumped 27% on Monday after Ericsson ( ERIC -0.47%) agreed to acquire the cloud communications provider. The all-cash deal values Vonage at $6.2 billion, or $21 per share. That's a premium of 28% to the stock's closing price on Friday.