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

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The Committee on Foreign Investment within the U.S. is reviewing Ericsson proposed $6.2 billion acquisition of Vonage Holdings Corp., Ericsson mentioned, including one other regulatory problem for the Swedish telecom-equipment big in Washington.

Ericsson mentioned the deal for supplier of internet-based communication providers had cleared all different U.S. and overseas regulatory approval necessities. It mentioned the businesses have been working with the committee, referred to as Cfius, a Treasury Department-led panel of federal companies that determines how overseas offers for U.S. belongings may have an effect on nationwide safety.

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