Ooma - M&A Summary and Business Overview

Internet Software And ServicesCompany

Ooma M&A Summary

Ooma has acquired 4 companies, including 2 in the last 5 years.

Ooma’s largest acquisition to date was in 2023, when it acquired 2600Hz for $33M. Ooma has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include information technology (25%) and internet software and services (25%).

Ooma Business Overview

Where is Ooma headquartered?

Ooma is headquartered in Sunnyvale, California.

What is Ooma’s revenue?

Ooma disclosed revenue of 216M USD for 2023 and 192M USD for 2022.

How many employees does Ooma have?

Ooma has 357 employees.

What sector is Ooma in?

Ooma is an internet software and services company.

When was Ooma founded?

Ooma was founded in 2003.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1
  • M&A Advisors 1

Ooma

Ooma, Inc.

525 Almanor Avenue Suite 200,
Sunnyvale, California 94085
United States,
(650) 566-6600
www.ooma.com

Ooma is an entity which creates new communications experiences for small businesses and consumers. Its smart platform serves as a communications hub, which offers cloud-based telephony and other connected services. Ooma combines PureVoice HD call quality and innovative features with mobile applications for reliable anytime, anywhere calling. The company has been ranked the No. 1 home phone service for overall satisfaction and value for five consecutive years by the leading consumer research publication. Ooma is also partnering with connected device makers to create smarter offices and homes. Ooma is available in stores and online from leading retailers. Ooma was founded in 2003 and is based in Sunnyvale, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 2 - - 1 1 - 4
vol $10M $33M $43M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
2600Hz, Inc. 2023-10-23 33M USD Add-on Acquisition
Henderson, Nevada · www.2600hz.com
Junction Networks, Inc. 2022-07-22 10M USD Divestiture
New York, New York · www.onsip.com
Voxter Communications, Inc. 2018-03-05 - Add-on Acquisition
Vancouver, British Columbia · www.voxter.ca
Butterfleye, Inc. 2017-12-20 - Add-on Acquisition
San Francisco, California · www.getbutterfleye.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 1 (25%) 33M (77%) - -
Internet Software and Services 1 (25%) 10M (23%) - -
Software 1 (25%) - - -
Technology Hardware 1 (25%) - - -
Total 4 $43M - -

By Geo

State/Country Buy Value Sell Value
United States 3 43M - -
  New York 1 10M - -
  Nevada 1 33M - -
  California 1 - - -
Canada 1 - - -
  British Columbia 1 - - -
Domestic 3 (75%) 43M (100%) - -
Cross-border 1 (25%) - - -
Total 4 $43M - -

Top M&A Advisors

Legal Deals
Orrick
 1

Deal Values

buy # Total
< $100M 2 $43M
TOTAL $43M
Largest 2600Hz, Inc.
$33M (2023-10-23)

M&A Connections

Deals
Acquired from
Strategic(s)
25%
1 (25%)

Company Summary

SECTOR

Internet Software and Services

Revenue

216   13% 2023
192   14% 2022
169   12% 2021
152   18% 2020
129   14% 2019
114   9% 2018
105   18% 2017
89   24% 2016
72   34% 2015
54   39% 2014
39   2013
(millions of USD) Show More Show Less

Employees

357

Established

2003

Public

NYSE: OOMA

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