Ericsson reviews proposed acquisition of Vonage

Ericsson has said it is working closely with the Committee on Foreign Investment in the United States as it reviews its proposed acquisition of Vonage Holdings Corp.

“Ericsson continues to work closely with the Committee on Foreign Investment in the United States as it reviews its proposed acquisition of Vonage Holdings Corp. The merger has cleared all other requisite foreign and US regulatory approval requirements, and the parties are working to conclude the regulatory process as expeditiously as possible. Ericsson and Vonage remain fully committed to this transaction and are working towards closing before end of July, 2022,” the company said in a statement.

CT Bureau