Sangoma completes sale of VoIP Supply subsidiary
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Sangoma Technologies Corporation (NASDAQ: SANG) completed the sale of its subsidiary VoIP Supply, LLC, effective June 30, 2025, according to a company statement.
The telecommunications company received approximately four times the subsidiary's adjusted EBITDA as proceeds from the transaction. Sangoma plans to use the funds to reinvest in organic growth initiatives supporting its enterprise architecture and service transformation.
VoIP Supply operated in hardware distribution, which Sangoma classified as non-core to its long-term strategy. The divestiture follows the company's evaluation of strategic alternatives to focus on higher-growth segments including unified communications, contact center solutions, and communications platforms.
"This divestiture enables Sangoma to direct greater energy and investment into areas where we see significant opportunities for innovation, scalability, and growth," said Charles Salameh, CEO of Sangoma.
The sale concludes Sangoma's involvement in VoIP hardware distribution as the company shifts toward software-based recurring revenue services. These services now represent over 90% of the company's revenue mix entering fiscal 2026, according to the statement.
Sangoma provides business communications platforms including unified communications as a service, contact center as a service, and communications platform as a service technologies. The company serves over 100,000 customers with more than 2.7 million unified communications seats.
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