Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Infobip Closes Acquisition of US VoIP Provider Peerless Network.

Document Cited in Related
Vincent

MANews-(C)2009-2022

Croatian cloud communications platform Infobip has completed the purchase of global Voice over Internet Protocol provider Peerless Network, having received federal and state level regulatory approvals, the company said.

The deal is worth around USD 200m.

The acquisition enhances Infobip's presence in the US and enables the firm to expand its voice offering worldwide, creating a global one-stop shop for omnichannel communications.

As a result of the deal, Infobip's clients can now access the US market through Peerless Network, whose nationwide voice network covers 98% of Americans across 49 states.

In addition, Infobip now offers Peerless Network's client's access to its market-leading communications platform-as-a-service (CPaaS), helping them broaden their omnichannel capabilities and connect with their customers globally at scale.

Established in 2008, Peerless Network delivers voice services, including unified communications-as-a-service, session initiation protocols trunking, messaging, APIs and Microsoft Teams integration.

Its clients include Fortune 500 companies, mobile network operators, mobile virtual network operators, interexchange carriers, and America's largest competitive local exchange carriers and VoIP Service Providers.

The acquisition creates an end-to-end solution for omnichannel communications and empowers businesses with best-in-class SaaS-enabled CPaaS software.

Combined, the two businesses...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT