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Slide #51. Vonage Holdings Corp. — Vocalocity, Inc.
Vonage Holdings Corp. (NASDAQ:VG)
Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, has entered into a definitive agreement to acquire privately-held Vocalocity, Inc. ("Vocalocity"), an industry-leading Software as a Service (SaaS) provider of cloud-based communication services to Small and Medium Businesses ("SMBs").
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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Buy (3.08 out of 4)