Ericsson Receives Regulatory Approval to Complete Acquisition of Vonage

STOCKHOLM, July 15, 2022 /PRNewswire/ — Ericsson (NASDAQ: ERIC) today announced that it has received clearance from the Foreign Investment Committee in United States (CFIUS) to complete its acquisition of Vonage Holdings Corp. (NASDAQ: VG) (“Vonage”). This represents the final approval required to complete the transaction. The parties now expect the Merger to be finalized no later than July 21, 2022as provided for in the merger agreement.



Subscribe to Ericsson press releases here

Subscribe to Ericsson blog posts here


Ericsson Newsroom

Contact person

Pierre NyquistVice President, Head of Investor Relations
Telephone: +46 705 75 29 06
E-mail: [email protected]

Additional contacts

Stella MedlicottSenior Vice President, Marketing and Corporate Relations
Telephone: +46 730 95 65 39
E-mail: [email protected]

Media Relations

Telephone: +46 10 719 69 92
E-mail: [email protected]


Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans 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 sources of revenue. Ericsson’s investments in innovation have brought the benefits of mobility and mobile broadband to billions of people around the world. Ericsson shares are listed on Nasdaq Stockholm and Nasdaq New York.

Forward-looking statements

This release includes forward-looking statements, including statements reflecting management’s current beliefs regarding market growth, future market conditions, future events, financial condition and expected operating and financial performance, including, in particular , the following elements :

– Our objectives, strategies, planning assumptions and operational or financial performance expectations

– Industry trends, future characteristics and development of the markets in which we operate

– Our future liquidity, capital resources, capital expenditures, cost savings and profitability

– Projected demand for our existing and new products and services as well as plans to launch new products and services, including research and development expenditures

– The ability to realize future plans and realize future growth potential

– The expected operational or financial performance of strategic cooperation activities and joint ventures

– Time until acquired entities and businesses are integrated and revenue accretive

– Technology and industry trends, including the regulatory and standards environment in which we operate, competition and our customer structure.

The words ‘believe’, ‘expect’, ‘plan’, ‘anticipate’, ‘assume’, ‘intend’, ‘likely’, ‘plans’, ‘may’, ‘could’, ‘ plan”, “estimate”, “forecast”, “will”, “should”, “should”, “predict”, “aim”, “ambition”, “seek”, “potential”, “target”, “could” , “continue” or, in each case, their negative or variations thereof, and similar words or expressions are used to identify forward-looking statements. Any statement that refers to expectations, projections or other characterizations of future events or circumstances, including any underlying assumptions, is a forward-looking statement.

We caution investors that such statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, which could cause actual results to differ materially from those expressed, implied or projected by the information and statements. prospective. .

Important factors that could affect whether and to what extent any of our forward-looking statements materialize include, but are not limited to, the factors described in the “Risk Factors” section of the most recent interim report, and in the ” Risk factors” of the 2021 Annual Report.

These forward-looking statements also represent our estimates and assumptions only as of the date they were made. We expressly disclaim any obligation to provide updates to these forward-looking statements, and related estimates and assumptions, after the date of this release to reflect events or changes in circumstances or expectations. or the occurrence of anticipated events, whether as a result of new information, future events or otherwise, except as required by applicable law or stock exchange regulations.

This is information that Telefonaktiebolaget LM Ericsson is required to make public under the EU Market Abuse Regulation. The information has been submitted for publication, through the contact person listed above, to 7:00 PM EST on July 15, 2022.

This information was brought to you by Cision,c3601790

The following files are available for download:


Leave a Reply