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.
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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.
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Avg. Broker Rec.
 
|
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; powered by Xignite |
