Ericsson (Nasdaq: ERIC) will pay a premium of approximately $125 million in cash to acquire Envivio Inc. (Nasdaq: ENVI). Shares of Ericsson edged up 8 cents to $9.83 while Envivio stock more than doubled by leaping $2.16 to $4.07.
Ericsson to buy Envivio
September 10, 2015 at 07:35 AM EDT
