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Vonage Receives 2016 Global M&A Network, Americas Deal of the Year Award |
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 Dec 15, 2016
HOLMDEL, N.J., Dec. 15, 2016 /PRNewswire/ -- Vonage (NYSE: VG), a leading provider of cloud communications solutions for businesses, has received the 2016 Global M&A Network's, Americas M&A Deal of the Year Award in the Middle Market category. The Company was recognized for its acquisition of the world's second largest Communications Platform as a Service (CPaaS) provider, Nexmo. The acquisition of Nexmo accelerates Vonage's growth strategy, strengthens its leadership position in cloud communications and underscores the Company's vision for the future of business communications.
"Nexmo was an impactful deal because it moved Vonage to the leading edge of cloud communications while also fortifying our strong Unified Communications as-a-Service (UCaaS) solutions. With Nexmo, Vonage offers a leading application program interface (API) platform that enables developers to program various communications, like voice, chat and SMS, into their apps, websites and solutions—which is key as businesses become increasingly app and web based," said Vinod Lala, Chief Strategy Officer for Vonage. "At the same time, Nexmo can expose our UCaaS solutions via APIs to our SMB and enterprise customers, which enables them to better integrate UCaaS with their workflow applications, such as CRM or other productivity tools."
Businesses require highly reliable communications solutions that integrate fully with their mobile world, as well as their CRM and business workflow tools. They also require the ability to create powerful communications offerings that enable employees to work anytime, anywhere and on any device.
Nexmo provides Vonage with communication APIs that allow developers and enterprises to embed contextual communications into mobile apps, websites and business workflows via text, social media, chat apps and voice, creating more meaningful connections with customers. With this complete cloud offering, Vonage is focused on driving the future of cloud communications by offering end-to-end business communications for a better customer experience.
Mr. Lala continued, "We greatly appreciate being recognized by Global M&A Network for the Nexmo acquisition. It is among a series of deals we have completed over the last three years to build and solidify our leadership in cloud communications."
"Vonage's acquisition of Nexmo, a premier communications platform company, clearly builds on Vonage's already deep portfolio of cloud communications solutions. Significantly, the acquisition demonstrates Vonage's ability to create financial value for its stakeholders by successfully calibrating and executing its M&A strategy for growth," Shanta Kumari, CEO and Group Global Editor at Global M&A Network.
The independent Americas M&A Atlas Awards exclusively honor excellence in the categories of best value-creating deals, top teams, outstanding firms and exceptional leaders from the North and South Americas corporate, private equity and transactional industries. Winning the award validates success in executing corporate development strategies, financial and value creation, management team and brand leadership position in the local, regional or global markets.
J.P. Morgan Securities LLC served as lead financial advisor to Vonage in the Nexmo acquisition.
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Posted by vonage on Thursday, December 15 @ 18:13:32 EST
(522 reads)
Read More: Vonage Receives 2016 Global M&A Network, Americas Deal of the Year Award
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Vonage Granted First New Patent for Nexmo API Platform |
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Dec 13, 2016
HOLMDEL, N.J., Dec. 13, 2016 /PRNewswire/ -- Vonage (NYSE: VG), a leading provider of Cloud Communications for Business, was recently granted its first patent for Nexmo since acquiring the company in June 2016. Vonage now owns 146 U.S. patents, with nearly 200 U.S. patent applications pending, along with many foreign patents and pending applications in jurisdictions worldwide.
Nexmo, the Vonage API platform, enables developers to embed programmable text, chat and voice communications contextually into apps, websites and business systems to help enterprises create deeper engagement with customers.
The newly-issued patent (U.S. Pat. No. 9,485,169) covers Vonage's proprietary Adaptive Routing™ solution, providing users with improved deliverability, latency, and stability when using Nexmo contextual communications services to send and receive text messages.
Adaptive Routing and a unique direct-to-carrier network of more than 1,000 carriers enable the Nexmo platform to continuously monitor multiple available routes for delivering text messages, and to select the best route among multiple options based on real-time, relative performance data of each route. The Nexmo platform processes more than 60 million data points per month based not only on traditional carrier-provided delivery receipts, but also on delivery confirmations provided by actual end users, leading to a more robust understanding of end-to-end performance and, ultimately, optimization of SMS delivery.
"For enterprise customers that rely on the immediacy of contextual communications to seamlessly connect with users, Vonage's Adaptive Routing solution provides higher quality communications than is available without this technology," said Tony Jamous, President of Nexmo, the Vonage API Platform. "Vonage has access to multiple carriers and networks over which to deliver contextual communications solutions. This provides us with a unique advantage for Vonage's Adaptive Routing algorithms to redirect traffic via the optimal route, finding the best path for text messaging based on the automated and real-time collection of route performance data. It's like GPS for SMS."
ZALORA, Asia's leading online fashion retail destination, partnered with Nexmo as it needed a reliable global SMS solution that would deliver SMS with speed and accuracy to enhance the customer shopping experience. In many countries where ZALORA does business, SMS is often the only way to connect to customers in real time. ZALORA uses SMS to provide customers with reliable transaction, order and delivery updates, as well as to implement effective marketing campaigns to drive new business.
"Because the deliverability is so high with Nexmo's SMS API solution, ZALORA has seen a significant uplift, both in terms of increased revenue and traffic to our website. SMS is no longer a 'nice to have,' it's an expectation from our customers. We look forward to continuing to push the boundaries of what's possible in customer communications with Nexmo," said Alicia Teo, Customer Experience Manager for ZALORA.
Johanan Choo, Senior CRM System Analyst for ZALORA, added, "SMS provides great value as it informs our customers in a very timely manner about deals. Having one touchpoint for our centralized marketing outreach is very efficient. Nexmo's SMS API provides better visibility into our marketing spend, which helps our marketing team create more strategic, cost-conscious marketing decisions."
Learn more about Adaptive Routing.
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Posted by vonage on Tuesday, December 13 @ 18:20:49 EST
(731 reads)
Read More: Vonage Granted First New Patent for Nexmo API Platform
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Vonage Chief Executive Officer to Present at the 44th UBS Global Media & Communications Conference |
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Nov 30, 2016
HOLMDEL, N.J., Nov. 30, 2016 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG) today announced that its Chief Executive Officer, Alan Masarek, is scheduled to present at the UBS 44th Annual Global Media & Communications Conference on Tuesday, December 6 at 4:00 p.m. EST in New York, New York.
A live webcast of this event will be available on Vonage's Investor Relations website at http://ir.vonage.com. A replay will be available shortly after the live webcast.
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Posted by vonage on Wednesday, November 30 @ 18:24:34 EST
(624 reads)
Read More: Vonage Chief Executive Officer to Present at the 44th UBS Global Media & Communications Conference
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Vonage Announces Strong Third Quarter 2016 Results, Highlighted by 86% Revenue Growth in Vonage Business |
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Oct 26, 2016
HOLMDEL, N.J., Oct. 26, 2016 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of Cloud Communications for Business, today announced results for the third quarter ended September 30, 2016.
Third Quarter Consolidated Financial Results
For the third quarter of 2016, Vonage reported revenues of $248 million, up from $223 million in the year ago quarter. GAAP Income from Operations was $15 million, up from $9 million in the prior year. Adjusted Operating Income Before Depreciation and Amortization ("Adjusted OIBDA")1 for the third quarter was $41 million, up from $34 in the prior year period. GAAP net income was $9 million or $0.04 per share, up from $3 million or $0.02 per share in the year ago quarter. Adjusted net income2 was $19 million or $0.09 per share, up from $11 million or $0.05 per share in the year ago quarter.
"Our results reflect good progress integrating our acquisitions and building a winning product and go-to-market value proposition for our customers," said Vonage CEO Alan Masarek. "The significant investments in Vonage Business continue to support our growth initiatives, highlighted by 86% revenue growth in the third quarter. Our disciplined focus on profitability continues to produce strong results, highlighted by a 21% increase in adjusted OIBDA."
Mr. Masarek continued, "We are very pleased with the progress we've made executing on our strategy to be the Clear Leader in Business Cloud Communications. The integration of our UCaaS and CPaaS solutions will create the most vertically integrated communications company in our industry, with the scale and capabilities to provide better outcomes for our business customers."
Third Quarter Operating Results
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Posted by vonage on Wednesday, October 26 @ 19:40:03 EDT
(593 reads)
Read More: Vonage Announces Strong Third Quarter 2016 Results, Highlighted by 86% Revenue Growth in Vonage Business
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Vonage Granted 19 New Patents |
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Oct 18, 2016
HOLMDEL, N.J., Oct. 18, 2016 /PRNewswire/ -- Vonage (NYSE: VG), a leading provider of Cloud Communications services for Business, was recently granted 19 new patents by the United States Patent and Trademark Office. The Company now owns 132 U.S. patents, with more than 200 U.S. patent applications pending, along with many foreign patents and pending applications in jurisdictions worldwide.
"We've continued the strong growth of our patent portfolio in 2016 with new patents covering improvements across many key areas of our business services, including workflow integration, security, mobile and messaging enhancements, advanced call processing and voice quality," said Chief Legal Officer Kurt Rogers. "Vonage's legacy of and ongoing commitment to innovation and excellence in communications is reflected by our growing patent portfolio, and provides competitive advantages as we enter new markets with advanced services, including programmable communications through Vonage's Nexmo API platform."
Vonage's newly-issued patents include:
One patent relating to the integration between communications services and third-party applications (U.S. Pat. No. 9,401,997).
Five patents that cover enhancements to security for users and service providers, including detection and resolution of fraudulent messaging and call activity (U.S. Pat. Nos. 9,419,988 and 9,426,302), and identification of "spoofed" messages (U.S. Pat. No. 9,356,953).
Six patents covering various mobile and messaging features, including seamless wireless handover (U.S. Pat. No. 9,451,507), and enabling users to choose which sender ID to display with outgoing messages (U.S. Pat. No. 9,462,136).
Five patents related to advanced call processing features, including an algorithm for intelligently reconnecting two parties to a recently terminated phone call that are trying to call each other back at the same time (U.S. Pat. No. 9,444,944).
Two patents for improvements to quality-of-service, including a device that automatically allocates bandwidth between voice and non-voice applications to ensure that voice quality is maintained on calls (U.S. Pat. No. 9,461,844).
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Posted by vonage on Tuesday, October 18 @ 19:44:46 EDT
(641 reads)
Read More: Vonage Granted 19 New Patents
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Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2016 Financial Results |
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Oct 7, 2016
HOLMDEL, N.J., Oct. 7, 2016 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of cloud communications services for businesses, will report its financial results for the third quarter 2016 on Wednesday, October 26, 2016. The earnings release will be available on Vonage's Investor Relations website at http://ir.vonage.com.
Management will host a webcast discussion of the third quarter 2016 on Wednesday, October 26, 2016 at 8:30 AM Eastern Time. To participate, please dial (877) 359-9508 approximately 10 minutes prior to the call. International callers should dial (224) 357-2393.
The webcast will be broadcast live through Vonage's Investor Relations website at http://ir.vonage.com. A replay of the call and webcast will be available shortly after the conclusion of the call and may be accessed through Vonage's Investor Relations website at http://ir.vonage.com or by dialing (855) 859-2056. International callers should dial (404) 537-3406. The replay passcode is 91321658.
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Posted by vonage on Friday, October 07 @ 19:46:01 EDT
(619 reads)
Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2016 Financial Results
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Vonage Launches Next-Generation Nexmo Voice API to Capitalize on Surging Cloud Communications Platform Market |
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Sep 14, 2016
HOLMDEL, N.J., Sept. 14, 2016 /PRNewswire/ -- Vonage (NYSE: VG) ("the Company'), a leading provider of cloud communications for business, has launched a next-generation voice API through recently-acquired communications platform, Nexmo. Integrated with Vonage's carrier-grade network, which terminates 15 billion minutes of global voice traffic annually to landline and mobile phones, the new Nexmo API provides a higher quality programmable voice experience than what is competitively available in the market today.
The Nexmo Voice API enables developers to build modern enterprise communications customized for any app, website or voice-based communications system, faster and easier than its previous APIs. The Nexmo Voice API also enables integrations with existing business workflow software to drive enhanced productivity. This next-gen voice API allows companies to create communications solutions that can increase customer engagement and enhance the customer experience with just a few lines of code.
"When Vonage purchased Nexmo only a few months ago, we knew we could pair Nexmo's APIs with Vonage's voice network to deliver a higher quality programmable voice experience to the market," said Alan Masarek, Vonage CEO. "We are encouraged by the speed with which we were able to bring enhanced voice capabilities to the Nexmo platform to accelerate the launch of the new voice API."
Mr. Masarek continued, "This launch represents a tangible example of the power of the combination of Vonage and Nexmo, and the unmatched value proposition that we envisioned. With the new voice API, Nexmo adds to its strength in global messaging and pioneering work with chat apps, creating a formidable and complete set of APIs that further solidify Vonage's leadership in the two most dominant forms of communication today, voice and messaging."
Based on flexible and open standards, the new Nexmo Voice API allows developers to easily add capabilities like conferencing, call recording and call control to a company's workflow, backed by the quality, strength and reliability of the Vonage network. The new API is also perfectly positioned to integrate emerging technology software like bots, artificial intelligence and deep data analysis into new and existing voice solutions.
Nexmo also has the largest global reach of any communications platform with the ability to provision local numbers to 85 countries, enabling companies to quickly scale their voice communications to meet global expansion needs. The new voice API joins Nexmo's industry-leading global SMS API, innovative Chat App API and critical ID Verification API to create a powerful, easy-to-use suite of communications tools that are revolutionizing the way developers build communications software into applications that are transforming how companies connect with their customers.
"Building enterprise-grade voice applications used to be a complex and expensive task. But the new voice API will allow developers to effortlessly create modern voice capabilities with open, agile and globally scalable architectures, enabling customized communications solutions to enrich customer conversations and deepen customer relationships," said Tony Jamous, president of the Nexmo API Platform. "We are excited to have Vonage's industrial-strength network and second-to-none voice capabilities behind the new API, and the speed with which Vonage was able to help accelerate this launch surpassed our expectations."
The Nexmo Voice API will launch with a collection of new features and will be expanded over time. Notable launch features include:
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Posted by vonage on Wednesday, September 14 @ 19:47:24 EDT
(679 reads)
Read More: Vonage Launches Next-Generation Nexmo Voice API to Capitalize on Surging Cloud Communications Platform Market
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Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2013 Results |
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Fourth Quarter 2013
-- Company Closes Vocalocity Acquisition --
-- Third Consecutive Quarter of Positive Net Line Additions --
-- Revenue of $211 Million --
-- Adjusted EBITDA(1) of $25 Million --
-- Net Income of $10 Million or $0.05 per Share Excluding Adjustments(2) --
Full Year 2013
-- Churn Declined to 2.5% for Full Year --
-- Adjusted EBITDA(1) of $110 Million --
-- Net Income of $52 Million or $0.24 per Share Excluding Adjustments(2) --
-- Revenue of $829 Million --
-- Positive Net Line Additions for the Year --
-- Repurchased 19 Million Shares for $56 million --
HOLMDEL, N.J., Feb. 12, 2014 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting consumers and businesses through cloud-connected devices worldwide, today announced results for the fourth quarter and full year ended December 31, 2013.
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Posted by vonage on Wednesday, February 12 @ 13:29:40 EST
(7149 reads)
Read More: Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2013 Results
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Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2013 Financial |
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HOLMDEL, N.J., Jan. 23, 2014 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, will report its financial results for the fourth quarter and full year 2013 on Wednesday, February 12, 2014. The earnings release will be available on Vonage's Investor Relations website at http://ir.vonage.com.
Management will host a webcast discussion of the quarter and full year on Wednesday, February 12, 2014 at 10:00 a.m. Eastern Time. To participate, please dial (877) 359-9508 approximately 10 minutes prior to the call. International callers should dial (224) 357-2393. A replay will be available approximately two hours after the conclusion of the call through February 18, 2014 and may be accessed by dialing (855) 859-2056. International callers should dial (404) 537-3406. The replay passcode is: 40103078.
The webcast will be broadcast live through Vonage's Investor Relations website at
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Posted by vonage on Thursday, January 23 @ 15:54:08 EST
(6147 reads)
Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2013 Financial
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