Ericsson announced it was going to acquire Vonage for over $6bn in late November, at the peak peak of tech stock multiples. https://www.ericsson.com/en/press-re

Ericsson announced it was going to acquire Vonage for over $6bn in late November, at the peak peak of tech stock multiples. https://www.ericsson.com/en/press-releases/2021/11/ericsson-to-acquire-vonage-for-usd-6.2-billion-to-spearhead-the-creation-of-a-global-network-and-communication-platform-for-open-innovation https://www.ericsson.com/en/press-releases/2021/11/ericsson-... You really have to wonder if that deal is going to close with this hullabaloo and the cratering of multiples in the time since.