The Service of the Commission for the Protection of Competition announces that it has received a notification of concentration regarding the proposed acquisition by Telefonaktiebolaget LM Ericsson of the voting rights of Vonage Holdings Corp., via Ericsson Muon Holding Inc.
Telefonaktiebolaget LM Ericsson is a company duly registered in accordance with the laws of the Kingdom of Sweden. Telefonaktiebolaget LM Ericsson is a global information and communication technology provider, based in Sweden. In particular, owns a portfolio in communications infrastructure, services and software in the telecommunications sector and other sectors. It is listed on the NASDAQ Stockholm and on the NASDAQ New York.
Ericsson Muon Holding Inc. is a special purpose vehicle without prior business activities, which was established for the purposes of the Proposed Transaction. This company is controlled by Telefonaktiebolaget LM Ericsson.
Vonage Holdings Corp. is company duly registered in accordance with the laws of the State of Delaware of the U.S.A. Vonage Holdings Corp. is a cloud-based business communications provider. More specifically, it offers a range of business communication solutions, including application programming interfaces («APIs»), integrated communications and contact center solutions through a cloud-based platform, known as VCP. Its main offering is VCP, i.e., a communication platform with product/service offerings that fall into the categories of Communications Platform as a Service ("CPaaS"), Unified Communications as a Service ("UCaaS") and Contact Centers as a Service ("CCaaS").