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United States of America: CFIUS clears the acquisition of American cloud communication provider Vonage Holdings by Sweden-based Ericsson

Description

On 15 July 2022, the Committee on Foreign Investment in the United States (CFIUS) cleared Sweden-based Ericsson’s USD 6.2 billion acquisition of Vonage Holdings Corp. Vonage is an American cloud commu...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

15 Jul 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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