STOCKHOLM, June 28, 2022 /PRNewswire/ -- Ericsson
(NASDAQ: ERIC) continues to work closely with the Committee on
Foreign Investment in the United
States as it reviews its proposed acquisition of Vonage
Holdings Corp. (NASDAQ: VG). 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.
NOTES TO EDITORS
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ABOUT ERICSSON:
Ericsson enables communications service providers to capture the
full value of connectivity. The company's portfolio spans the
business areas Networks, Cloud Software and Services, Enterprise
Wireless Solutions, and Technologies and New Businesses. It is
designed to help our customers go digital, increase efficiency and
find new revenue streams. Ericsson's innovation investments have
delivered the benefits of mobility and mobile broadband to billions
of people globally. Ericsson stock is listed on Nasdaq Stockholm
and on Nasdaq New York. www.ericsson.com
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of the contact person set out above, at 07:00 pm CEST on June 28,
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Update on Ericsson’s
proposed acquisition of Vonage
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