Add-on Acquisition • Information Technology

8x8 Acquires Voicenet Solutions

On November 11, 2013, 8x8 acquired information technology company Voicenet Solutions for 18M USD

Acquisition Context
  • This is 8x8’s 3rd transaction in the Information Technology sector.
  • This is 8x8’s 4th largest (disclosed) transaction.
  • This is 8x8’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date November 11, 2013
Target Voicenet Solutions
Sector Information Technology
Buyer(s) 8x8
Deal Type Add-on Acquisition
Deal Value 18M USD

Target Company

Voicenet Solutions

Aylesbury, United Kingdom
Voicenet Solutions Ltd., provides a range of award-winning unified communications services supporting both SMB and mid-market businesses, including fixed mobile convergence applications that offer the features and functionality of desktop business phone solutions on smart phones.
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Buyer Overview 1

Buyer

8x8

Campbell, California, United States

Category Company
Founded 1987
Sector Internet Software and Services
Employees1,948
Revenue 729M USD (2024)
DESCRIPTION
8x8's corporate headquarters in San Jose, California.
8x8's corporate headquarters in San Jose, California.

8x8 is a developer of cloud based VoIP, video, mobile and unified communications solutions. 8x8 was founded in 1987 and is based in Campbell, California.


Deal Context for Buyer #
Overall 4 of 11
Sector: Information Technology 3 of 4
Type: Add-on Acquisition 4 of 10
Country: United Kingdom 1 of 2
Year: 2013 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-16 Contactual

Redwood City, California, United States

Contactual, Inc. is a provider of cloud-based call center and customer interaction management solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-27 DXI

London, United Kingdom

DXI Ltd. is an innovative solution provider in the contact center market. DXI’s product, enables customers to easily try, buy, deploy, and adapt services without the complexity and constraints experienced with traditional systems

Buy £17M