Tech Company M&A Transactions
NewVoiceMedia Acquisition
NewVoiceMedia, operating out of San Francisco, was acquired by Vonage Holdings. Vonage Holdings said the transaction price was $350 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/20/2018
Transaction Type
M&A
Amount
$350,000,000
M&A Terms
Vonage Holdings Corp. has entered into an agreement to acquire privately-held NewVoiceMedia, an industry-leading cloud Contact Center-as-a-Service (CCaaS) provider, for an equity price of $350 million paid in cash.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
49 Stevenson St. 1000
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
We developed our solution, ContactWorld, to provide contact centre technology as a true cloud service over the Internet, similar to the business models of Amazon, Google and salesforce.com. NewVoiceMedia clients benefit from enterprise class contact centre functionality, at a fraction of the cost of traditional systems.
Management Team
Title
Name
Email & Social
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Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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