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Communications Services M&A image Communications Services M&A » By The Online Investor Staff, updated Tue., Mar. 9, 1:39 AM Recent mergers and acquisitions in the Communications Services M&A category.

Slide #44. Vonage Holdings Corp. Vocalocity, Inc.

Acquirer: Vonage Holdings Corp. (NASDAQ:VG)
Acquiree: Vocalocity, Inc.
Details: Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, has completed the acquisition of Vocalocity, Inc., an industry-leading SaaS-based communications provider to Small and Medium Businesses ("SMBs"). The company will market to SMBs under the newly-created Vonage Business Solutions brand.

Vonage Holdings is a provider of cloud communications services for businesses and consumers. Co. also provides a suite of residential communication solutions. For its Business customers, Co. provides cloud-based Unified Communications as a Service solutions, comprised of integrated voice, text, video, data, collaboration, and mobile applications over its Session Initiation Protocol based Voice over Internet Protocol network. Co. also provides Communications Platform as a Service solutions by embedding contextual communications into apps, websites and business processes. For its Consumer customers, Co. provides voicemail, call waiting, and call forwarding and other features on devices.

VG SEC Filing Email Alerts Service


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Company Name: 
Vonage Holdings Corp
Website: 
www.vonage.com
Sector: 
Communications Services
Number of ETFs Holding VG: 
50
Total Market Value Held by ETFs: 
$678.91M
Total Market Capitalization: 
$3.16B
% of Market Cap. Held by ETFs: 
21.48%
 

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Buy (3.08 out of 4)
36th percentile
(ranked lower than approx. 64% of all stocks covered)

Analysts' Target Price:
VG Stock Forecast

Based on Zacks ABR data;
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