Vonage (VG) Announces Completion of ~$250M Nexmo Acquisition
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Vonage Completes the Acquisition of Nexmo, Advancing Vonage's Mission to Become the Global Cloud Communications Leader
June 6, 2016 8:30 AM EDTHOLMDEL, N.J., June 6, 2016 /PRNewswire/ --Â Vonage Holdings Corp. (NYSE: VG) (the "Company"), a leading provider of cloud communications services for businesses, has completed the acquisition of privately-held Nexmo, Inc. ("Nexmo"), a global leader in the Communications Platform as a Service ("CPaaS") segment of the Cloud Communications market. This acquisition accelerates Vonage's growth strategy, deepens its technology capabilities and elevates its leadership position in Cloud Communications.
San Francisco-based Nexmo provides application program interfaces ("APIs") for text messaging and voice communications, allowing developers and enterprises to embed contextual, programmable communications into mobile... More
