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  6. RingCentral Acquires CommunityWFM

M&A Deal Summary

RingCentral Acquires CommunityWFM

On September 8, 2025, RingCentral acquired internet software and services company CommunityWFM

Acquisition Highlights
  • This is RingCentral’s 5th transaction in the Internet Software and Services sector.
  • This is RingCentral’s 3rd transaction in the United States.
  • This is RingCentral’s 1st transaction in Texas.

M&A Deal Summary
Date 2025-09-08
Target CommunityWFM
Sector Internet Software and Services
Buyer(s) RingCentral
Deal Type Add-on Acquisition

Target

CommunityWFM

Richardson, Texas, United States
CommunityWFM provides cloud-based workforce management solutions that help organizations optimize their most valuable resource – their people. The platform combines intelligent scheduling, time and attendance tracking, labor analytics, and compliance management in a unified solution designed for modern, distributed workforces. It serves customers across retail, healthcare, hospitality, and manufacturing industries, helping them reduce labor costs, improve employee satisfaction, and maintain regulatory compliance. CommunityWFM is based in Richardson, Texas.

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Buyer(S) 1

Buyer

RingCentral

Belmont, California, United States
Category Company
Founded 1999
Sector Internet Software and Services
Employees4,260
Revenue 2.4B USD (2024)
DESCRIPTION

RingCentral is a provider of cloud-based phone systems for businesses. RingCentral was founded in 1999 and is based in Belmont, California.

DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 6 of 6
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-22 Kindite

Tel Aviv, Israel

Kindite is a developer of cryptographic technologies that mitigate and reduce security and privacy risks to information and applications in the cloud. Kindite was formed in 2017 and is based in Tel Aviv, Israel.

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