M&A Deal Summary

Ooma Acquires OnSIP

On July 22, 2022, Ooma acquired internet software and services company OnSIP from Intrado for 10M USD

Acquisition Highlights
  • This is Ooma’s 1st transaction in the Internet Software and Services sector.
  • This is Ooma’s 4th largest (disclosed) transaction.
  • This is Ooma’s 2nd transaction in the United States.
  • This is Ooma’s 1st transaction in New York.

M&A Deal Summary

Date 2022-07-22
Target OnSIP
Sector Internet Software and Services
Buyer(s) Ooma
Sellers(s) Intrado
Deal Type Divestiture
Deal Value 10M USD

Target

OnSIP

New York, New York, United States
OnSIP is a provider of Unified Communications as a Service (“UCaaS”) and collaboration solutions for small and mid-size (“SMB”) customers. OnSIP was founded in 2004 and is based in New York City.

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Buyer(S) 1

Buyer

Ooma

Sunnyvale, California, United States

Category Company
Founded 2003
Sector Internet Software and Services
Employees1,186
Revenue 257M USD (2025)
DESCRIPTION

Ooma is an entity that 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.


DEAL STATS #
Overall 3 of 6
Sector: Internet Software and Services M&A 1 of 3
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2022 M&A 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-05 Voxter Communications

Vancouver, British Columbia, Canada

Voxter Communications, Inc. is a provider of custom UCaaS solutions for mid-market and enterprise businesses. Voxter Communications, Inc. was founded in 2004 and is based in Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-23 2600Hz

Henderson, Nevada, United States

2600Hz leverages Kazoo, an open-source communications solution, and a suite of proprietary applications through open APIs to provide Unified Communications as a Service (UCaaS), Communications Platform as a Service (CPaaS), Call Center as a Service (CCaaS) and AI tools and applications. 2600Hz is based in Henderson, Nevada.

Buy $33M

Seller(S) 1

SELLER

Intrado

Longmont, Colorado, United States

Category Company
Founded 1979
Sector Internet Software and Services
Employees9,700
Revenue 2.3B USD (2015)
DESCRIPTION
Intrado's corporate headquarters in Omaha, Nebraska.
Intrado's corporate headquarters in Omaha, Nebraska.

Intrado is a cloud-based, global technology partner to clients around the world. The Company's solutions connect people and organizations at the right time and in the right ways, making those mission-critical connections more relevant, engaging, and actionable - turning Information to Insight. Intrado was founded in 1979 and is based in Longmont, Colorado.


DEAL STATS #
Overall 6 of 7
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 6 of 7
State: New York M&A 1 of 1
Country: United States M&A 6 of 7
Year: 2022 M&A 2 of 3
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-11 Flowroute

Seattle, Washington, United States

Flowroute is a software-centric service provider that supplies communication services and technology for cloud-based products. Flowroute is based in Seattle, Washington.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-16 Intrado - Safety Business

Omaha, Nebraska, United States

Intrado's Safety Business provides critical public emergency telecommunications services in Omaha, Nebraska.

Sell $2.4B