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Vonage Holdings Corp To Acquire Vocalocity, Inc.

Thursday, 10 Oct 2013 06:00am EDT 

Vonage Holdings Corp announced that it has entered into a definitive agreement to acquire privately-held Vocalocity, Inc. (Vocalocity). Vonage will acquire Vocalocity for $130 million, including $105 million in cash and $25 million in Vonage common stock. The transaction is expected to be accretive to adjusted Earnings Per Share (EPS)1 and on an EBITDA1 multiple basis in 2015. 

Company Quote

-0.28 -7.61%
15 Sep 2014