Ooma Acquires 2600Hz, Inc.
October 20, 2023
Ooma, Inc. acquired 2600Hz, Inc. for approximately $33 million in cash, adding about $7 million of annual recurring revenue. The acquisition (closed October 20, 2023) brings 2600Hz's Kazoo-based UCaaS/CPaaS and CCaaS capabilities into Ooma's cloud communications platform to expand product capabilities and reach service providers and resellers.
- Buyers
- Ooma, Inc.
- Targets
- 2600Hz, Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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