Premium

Vonage Buys NewVoiceMedia for $350 Million

Telecomm giant Vonage announced earlier this month that it has closed on a deal to acquire NewVoiceMedia, a Cloud Contact Center-as-a-service firm, for $350 million in cash. The deal is expected to close in the fourth quarter of this year. According to the terms of the negotiation, NewVoiceMedia will maintain its current leadership structure, with CEO Dennis Fois still leading the team...