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
- Industry
- Telecommunications
- Location
- Illinois, United States
- Transaction Type
- Buyout
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