Zadarma Acquires VoIPVoIP to Expand US Presence

Deal News | Dec 23, 2024 | PR Newswire Cision Zadarma

Zadarma, a leading European VoIP provider, has acquired full ownership of VoIPVoIP, a prominent US-based VoIP operator. This strategic acquisition, completed in 2024, aims to enhance Zadarma's presence in the North American market and expand the suite of innovative services offered to customers of both companies. VoIPVoIP's customers will now benefit from Zadarma's wide range of sophisticated features, including cloud PBX, voice recognition, integration with popular CRMs, and more. This deal not only signifies Zadarma's commitment to global expansion but also promises improved service reliability and regulatory compliance for its US customers through FCC-approved operators. Zadarma, founded in 2006, has a significant presence in Europe and specializes in cloud communication solutions, offering services in over 100 countries. VoIPVoIP, a division of Kosmaz Technologies LLC, provides extensive VoIP solutions internationally, supported by its own network infrastructure.

Sectors

  • Telecommunications
  • Technology

Geography

  • United States – The acquisition of VoIPVoIP, based in Walnut Creek, California, focuses on expanding Zadarma's services in the US market.
  • Europe – Zadarma, the acquiring company, is a European VoIP provider with operations across multiple countries in Europe, including the UK, Poland, Bulgaria, and Spain.

Industry

  • Telecommunications – This industry classification is relevant because the article discusses companies involved in providing telecommunication services, particularly VoIP (Voice over Internet Protocol) solutions.
  • Technology – The technology industry classification is pertinent due to the focus on tech-driven communication tools and cloud-based solutions offered by both Zadarma and VoIPVoIP.

Financials

    Participants

    NameRoleTypeDescription
    ZadarmaAcquiring CompanyCompanyEstablished in 2006, Zadarma is a private company specializing in VoIP services with operations in Europe and focused on cloud communication solutions.
    VoIPVoIPTarget CompanyCompanyVoIPVoIP is a VoIP service provider based in the US, part of Kosmaz Technologies LLC, offering broadband internet telephony to global customers.
    Kosmaz Technologies LLCOwner of Target CompanyCompanyA private company founded in 2005, headquartered in Walnut Creek, CA, supporting VoIPVoIP with network infrastructure.