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Vonage becomes wholly owned subsidiary of Ericsson after acquisition

Vonage becomes wholly owned subsidiary of Ericsson after acquisition

Digital TransformationMobileTop Stories

Vonage is supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise by providing access to powerful building blocks to offer a full suite of communications solutions.

These include Communications-Platform-as-a-Service (CPaaS), UCaaS and CCaaS.

Ericsson aims to transform the way advanced 5G network capabilities are exposed, consumed and paid for. This will provide the global developer community, including Vonage’s more than one million registered developers, with easy access to 4G and 5G network capabilities via open Application Program Interfaces (APIs).

Börje Ekholm, President and CEO, Ericsson, said: “We are excited to welcome Vonage as part of Ericsson. By linking the network world with the global developer community, we’re creating a paradigm shift that will put the network at the centre.

“4G was the platform that allowed the consumer to digitalise. With 5G, we have an innovation platform offering almost limitless opportunities to develop super-fast, highly reliable, low-latency and mission-critical services.”

Rory Read, Vonage CEO, said: “Vonage was born out of innovation and is a global leader in business cloud communications. This partnership will strengthen our offerings to businesses across the globe by leveraging Ericsson’s leadership in 5G, global market presence and strong R&D capabilities.

“The way we work, shop, learn, see a doctor, exercise and entertain is fundamentally changing. Together, Ericsson and Vonage will be at the heart of the next wave of the Digital Transformation.”

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