Ericsson’s $6.2 billion Vonage acquisition delayed by US investigation

Swedish kit vendor Ericsson’s proposed takeover of US cloud unified communications provider Vonage has been pushed back until the end of July due to an ongoing investigation by the US Committee on Foreign Investment.
The $6.2 billion takeover bid has been cleared by all the other regulatory bodies, however there is an ongoing investigation by the Committee on Foreign Investment which appears to be holding things up. Ericsson is now looking to close the deal by the end of July, having previ