Infobip Acquires Peerless Network

July 27, 2022

Infobip, the global cloud communications (CPaaS) platform headquartered in Croatia, has completed the acquisition of U.S.-based VoIP provider Peerless Network for around $200 million. The deal expands Infobip’s U.S. footprint and voice capabilities, combining Peerless’s nationwide voice network with Infobip’s global messaging and CPaaS offerings to create an end-to-end omnichannel communications solution.

Buyers
Infobip
Targets
Peerless Network
Location
Illinois, United States
Transaction Type
Buyout

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