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
website
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

website

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 -
Mergr

Product

Company

Legal