HomeBusinessEricsson’s Deal to Buy Vonage Is Focus of Cfius Probe

Ericsson’s Deal to Buy Vonage Is Focus of Cfius Probe


The Committee on Foreign Investment in the U.S. is reviewing Ericsson proposed $6.2 billion acquisition of Vonage Holdings Corp., Ericsson said, adding another regulatory challenge for the Swedish telecom-equipment giant in Washington.

Ericsson said the deal for provider of internet-based communication services had cleared all other U.S. and foreign regulatory approval requirements. It said the companies were working with the committee, known as Cfius, a Treasury Department-led panel of federal agencies that determines how foreign deals for U.S. assets could affect national security.


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