M&A Deal Summary

Vonage Acquires NewVoiceMedia

On September 20, 2018, Vonage acquired information technology company NewVoiceMedia for 350M USD

Acquisition Highlights
  • This is Vonage’s 1st transaction in the Information Technology sector.
  • This is Vonage’s largest (disclosed) transaction.
  • This is Vonage’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-09-20
Target NewVoiceMedia
Sector Information Technology
Buyer(s) Vonage
Deal Type Add-on Acquisition
Deal Value 350M USD
Advisor(s) J.P. Morgan Securities
Jefferies (Financial)
Weil Gotshal & Manges (Legal)

Target

NewVoiceMedia

Hampshire, United Kingdom
NewVoiceMedia Ltd. is a global provider of cloud contact center technology that enables businesses to create exceptional, emotive customer experiences to serve better and sell more. Its award-winning platform joins up all communications channels without expensive, disruptive hardware changes and plugs straight into your CRM for full access to hard-won data. With a true cloud environment and proven 99.999% platform availability, NewVoiceMedia ensures complete flexibility, scalability and reliability.

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Buyer(S) 1

Buyer

Vonage

Holmdel, New Jersey, United States

Category Company
Founded 2000
Sector Communications
Revenue 1.4B USD (2021)
DESCRIPTION
Vonage office in Atlanta, Georgia.
Vonage office in Atlanta, Georgia.

Vonage is a provider of communications services connecting individuals through cloud-connected devices worldwide. Vonage's technology serves approximately 2.3 million subscribers. Vonage was formed in 2000 and is based in Holmdel, New Jersey.


DEAL STATS #
Overall 8 of 10
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 7 of 8
Country (United Kingdom) 1 of 1
Year (2018) 2 of 2
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 TokBox

San Francisco, California, United States

TokBox, Inc. is a WebRTC platform for adding live video, voice, and messaging to your websites and mobile apps. TokBox is based in San Francisco, California.

Buy $35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-06 Over.ai

Tel Aviv, Israel

Over.ai is a Voice and Conversational AI provider for enterprise communications. Over.ai provides intelligent virtual assistant functionality via APIs, enabling businesses to enhance their IVR; handle complex interactions with real-time human-like interactions over phone lines, and lower operational costs while significantly improving service. Over.ai was founded in 2014 and is based in Tel Aviv, Israel.

Buy -