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.
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.