Ericsson has purchased Vonage Holdings Corp.

The transaction provides Ericsson with access to building blocks to offer communications services.

Börje Ekholm, CEO of Ericsson, said, “We are excited to welcome Vonage as part of Ericsson. With Vonage’s suite of communications solutions – UCaaS, CCaaS and Communications APIs – Ericsson will further expand its offerings into the enterprise space. We will continue to create new, enhanced applications and services for enterprises while driving continued innovation on Vonage’s UCaaS and CCaaS applications, helping businesses create new digital experiences for better communications, connections and engagement.”