Ooma has acquired 2600Hz for roughly $33 million in cash.
Ooma has acquired 2600Hz's reseller and carrier-targeting portfolio of business communications apps. Among the products that Ooma has added are Kazoo, its open-source communications platform, and its proprietary applications via open APIs to offer UCaaS, CCaaS and CPaaS offerings, and AI tools and applications.
Describing itself as the “home of the internet phone service revolution”, Ooma is a U.S.-based telecom business whose solutions include communications services, such as Voice over IP (VoIP), and business and consumer phone service products.
The transaction enables Ooma to oversee the direction and development of 2600Hz's technology roadmap. Ooma intends to complement the 2600Hz offerings with Ooma's proprietary intellectual property (IP) to produce more powerful, scalable and open comms services for the industry.
Eric Stang, Chief Executive Officer of Ooma, commented:
We’re delighted to welcome 2600Hz into the Ooma portfolio of business solutions. This acquisition is complementary to our strategy to extend our leadership in serving business customers, both directly and now through other service providers, and it is expected to accelerate overall growth of Ooma and the reach of our solutions. We are excited to bring Ooma’s unique engineering expertise to better serve 2600Hz’s customers worldwide."
Ooma has been a proponent and user of 2600Hz's open-source applications for over a decade and has comprehensively integrated its IP with 2600Hz. The acquisition aims to further Ooma's integrated business service through the introduction of new Call Centre, CPaaS and AI capabilities.
The deal will grow Ooma's customer base to encompass service providers and resellers leveraging 2600Hz for their tailored solutions. For 2600Hz, the acquisition will reinforce its offering by utilising Ooma's low-cost telecoms infrastructure and scale and its mobile, web, desktop and other apps.
