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Ericsson Goes Long on Open Network Innovation with $6.2 Billion Acquisition of Vonage

In Technology News by Ron WestfallLeave a Comment

Ericsson enters into agreement for $6.2 billion cash offer to acquire Vonage, a provider of cloud-based communications, propelling Ericsson’s strategy to boost its wireless enterprise channel influence and broaden its global offerings. Futurum’s Ron Westfall assesses why Ericsson’s $6.2 billion acquisition of Vonage can disrupt the crowded CPaaS market segment, spur API-driven 5G/4G innovation across the enterprise wireless realm, and provide the foundation to advance ecosystem-wide open network innovation.