M&A Deal Summary

Ooma Acquires Phone.com

On November 24, 2025, Ooma acquired internet software and services company Phone.com for 23M USD

Acquisition Highlights
  • This is Ooma’s 3rd transaction in the Internet Software and Services sector.
  • This is Ooma’s 3rd largest (disclosed) transaction.
  • This is Ooma’s 5th transaction in the United States.
  • This is Ooma’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2025-11-24
Target Phone.com
Sector Internet Software and Services
Buyer(s) Ooma
Deal Type Add-on Acquisition
Deal Value 23M USD
Advisor(s) Telegraph Hill Advisors (Financial)

Target

Phone.com

Newark, New Jersey, United States
Phone.com is a cloud-based VoIP and unified-communications provider that offers business phone services, including voice, SMS, video meetings, fax, and conferencing. The Company provides over 50 features such as call routing, voicemail-to-email, virtual receptionists, and number porting without requiring long-term contracts. It is designed for small and growing businesses seeking flexible, scalable communication solutions. Phone.com is headquartered in Newark, New Jersey.

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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 6 of 6
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
State: New Jersey M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2025 M&A 2 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-03 FluentStream

Denver, Colorado, United States

FluentStream provides cloud-based business communication services for small and mid-sized companies. The Company’s platform integrates VoIP phone systems, contact center operations, messaging, conferencing, and CRM integrations into a unified solution. It serves industries including healthcare, education, legal, and professional services with scalable voice and collaboration tools. FluentStream was founded in 2010 and is based in Denver, Colorado.

Buy $45M