Ooma To Acquire FluentStream for About $45 Million

Ooma Acquires Phone.com for About $23.2 Million

December 29, 2025

Cloud & SaaS

Ooma, Inc. signed a definitive agreement to acquire Phone.com, a cloud communications/UCaaS provider for SMBs, for approximately $23.2 million in cash. Ooma completed the acquisition, expanding its UCaaS footprint in the SMB market by adding a second established business communications brand.

Ooma Acquires 2600Hz, Inc.

October 20, 2023

Cloud & SaaS

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.

Hg Acquires OneStream for $6.4 Billion

January 6, 2026

Cloud & SaaS

OneStream, an enterprise finance management platform, entered into a definitive all-cash agreement to be acquired by Hg for approximately $6.4 billion in equity value. Hg will become OneStream’s majority voting shareholder, with General Atlantic and Tidemark participating as minority investors; the transaction is expected to close in the first half of 2026.

Ooma Acquires OnSIP

July 22, 2022

Telecommunications

Ooma, Inc. acquired Junction Networks Inc. (doing business as OnSIP) from Intrado Corp. for approximately $9.75 million in cash, with the transaction completing on July 22, 2022. The acquisition adds roughly $10 million in annual revenue and about 50,000 primarily SMB users to Ooma's business, and is expected to be accretive to adjusted EBITDA as the companies realize operational synergies.

Illumina Acquires Fluent BioSciences

July 9, 2024

Biotechnology

Illumina, Inc. has acquired Fluent BioSciences to integrate Fluent's PIPseq single-cell technology into Illumina's product portfolio and accelerate its multiomics capabilities. The acquisition, which closed July 9, 2024 and was funded with cash on hand, brings Fluent's accessible, scalable single-cell chemistry and the Fluent team into Illumina to expand end-to-end single-cell solutions for research and applied customers.

IBM Acquires Confluent in an Approximately $11 Billion Deal

December 8, 2025

Data & Analytics

IBM has agreed to acquire Confluent in a transaction valued at approximately $11 billion, purchasing all issued and outstanding shares for $31 per share in cash. The deal is designed to strengthen IBM’s enterprise AI and real-time data infrastructure by integrating Confluent’s Kafka-based streaming and governance capabilities across IBM’s platform and software portfolio.