Zadarma Acquires US VoIP Provider VoIPVoIP
Deal News | Dec 09, 2024 | PR Newswire Cision Zadarma
Zadarma, a prominent European VoIP provider, has announced the acquisition of VoIPVoIP, a leading US-based VoIP operator. This strategic acquisition is aimed at amplifying Zadarma’s influence in the North American market while enhancing the service offerings for clients in both organizations. VoIPVoIP, a division of Kosmaz Technologies LLC, was founded in 2005 and provides VoIP solutions across residential, business, and mobile domains, supported by its own network infrastructure. With this acquisition, customers of VoIPVoIP will gain access to a plethora of advanced features offered by Zadarma, including virtual phone numbers, cloud PBX, speech recognition, and analytics, among others. The acquisition also ensures that US customers will benefit from FCC-approved, US-based operators. Founded in 2006, Zadarma is headquartered across several European countries and specializes in cloud communication solutions with a strong presence in the European market. This acquisition allows both companies to combine their strengths and unlock further opportunities through shared expertise.
Sectors
- Telecommunications
- Technology
Geography
- USA – VoIPVoIP is based in the USA, and the acquisition expands Zadarma's presence in this market.
- Europe – Zadarma is a European company with several offices across different countries in Europe.
Industry
- Telecommunications – This industry is relevant as the article discusses companies that provide VoIP and cloud communication solutions.
- Technology – Involves the technological aspects of VoIP services and cloud-based communication systems which are central to the operations of both Zadarma and VoIPVoIP.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Zadarma | Buyer | Company | A leading European VoIP provider specializing in cloud communication solutions. |
VoIPVoIP | Target Company | Company | A US-based VoIP operator and the consumer division of Kosmaz Technologies LLC. |
Kosmaz Technologies LLC | Seller | Company | The parent company of VoIPVoIP, providing VoIP solutions since 2005. |