Business
Ooma Completes Acquisition of Phone.com
SUNNYVALE, Calif., December 29, 2025--Ooma, Inc., a smart communications platform for businesses and consumers, today announced the successful closing of its previously announced acquisition of Phone.com, a provider of cloud-based business communications for small and medium-sized organizations, for approximately $23.2 million in cash, subject to customary working capital adjustments.
About this update from Ooma, Inc.
[{"type":"text","content":"SUNNYVALE, Calif., December 29, 2025--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced the successful closing of its previously announced acquisition of Phone.com, a provider of cloud-based business communications for small and medium-sized organizations, for approximately $23.2 million in cash, subject to customary working capital adjustments.","length":404,"tagName":"p"},{"type":"text","content":"Phone.com is expected to generate $22-$23 million in revenue and $1.0-$1.5 million in adjusted EBITDA annually, based on current run rates and before synergies, and be accretive to Ooma’s Adjusted EBITDA and non-GAAP earnings per share starting on December 26, 2025.","length":266,"tagName":"p"},{"type":"text","content":"Headquartered in Newark, New Jersey, Phone.com is a cloud communications/UCaaS provider focused on serving small and medium sized businesses. Like Ooma Office, Phone.com offers flexible, affordable, and reliable solutions spanning voice, video, text, specialized call handling, and desktop and mobile applications. The company serves approximately 36,000 customers and 87,000 users across North America from its proprietary UCaaS platform.","length":439,"tagName":"p"},{"type":"text","content":"Telegraph Hill Advisors served as the exclusive financial advisor to Phone.com in the transaction.","length":98,"tagName":"p"},{"type":"text","content":"Non-GAAP Financial Measures","length":27,"tagName":"p"},{"type":"text","content":"In addition to disclosing estimates of financial measures prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), this press release contains estimates of Adjusted EBITDA in future periods. As explained in Ooma’s filings with the Securities and Exchange Commission, Adjusted EBITDA represents net income before interest and other income, income taxes, depreciation and amortization of capital expenditures, amortization of intangible assets, stock-based compensation and related taxes, litigation costs, restructuring costs and gain on note conversion. This non-GAAP financial measure is presented in this press release to provide investors with the expected annualized impact of the business to be acquired by Ooma. In general, Ooma considers its non-GAAP financial measures to be useful measures of the operating perfo...