Vonage Buys Nexmo for $230 Million, Eyes Cloud Communications Dominance


Story by Natalie Gagliordi, ZDNet

Internet communications company Vonage Holdings has agreed to buy Nexmo, a communications platform-as-a-service (CPaaS) company, for $230 million.

Based in San Francisco, Nexmo is touted as the second largest CPaaS company in terms of revenue. It’s known for its range APIs for messaging, voice and chat that help users create communications services without a lot of development.

This is an area largely dominated by Twilio, but Nexmo claims to have more than 350 enterprise customers, including Uber, Alibaba, Snapchat and Daimler.

Continue Reading…


About Author

Let's Do Video is committed to bringing you the best coverage of visual collaboration technologies and related productivity tools and strategies. All aggregated content and press releases are posted under this listing.

Leave A Reply