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  6. IPFone Acquires TelNet Worldwide

M&A Deal Summary

IPFone Acquires TelNet Worldwide

On March 23, 2025, IPFone acquired information technology company TelNet Worldwide

Acquisition Highlights
  • This is IPFone’s 1st transaction in the Information Technology sector.
  • This is IPFone’s 2nd transaction in the United States.
  • This is IPFone’s 1st transaction in Michigan.

M&A Deal Summary
Date 2025-03-23
Target TelNet Worldwide
Sector Information Technology
Buyer(s) IPFone
Deal Type Add-on Acquisition

Target

TelNet Worldwide

Southfield, Michigan, United States
TelNet Worldwide is focused on transforming businesses to connect, communicate, and collaborate with voice, data, and unified communications services, enabling enterprises nationwide to achieve significant business results. TelNet Worldwide was formed in 1998 and is based in Southfield, Michigan.

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Buyer(S) 1

Buyer

IPFone

North Miami, Florida, United States
Category Company
Sector Communications
DESCRIPTION

IPFone is a cloud communication services provider that delivers Cisco cloud solutions like UCaaS, Webex, Contact Center, Internet, SD-WAN & Security. IPFone is based in North Miami, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-02 Joon

Orlando, Florida, United States

Joon is a voice-over-internet protocol (VoIP) company that provides custom-built VoIP solutions and exceptional customer support, ensuring personalized and efficient service. It provides a range of tailored cloud communication solutions, empowering businesses to transcend traditional technological limitations and seamlessly integrate into a cloud-powered operational ecosystem. Joon was formed in 2018 and is based in Orlando, Florida.

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