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Vonage Holdings to buy NewVoiceMedia

Vonage Holdings Corp., a provider of communications services, has agreed to acquire privately-held NewVoiceMedia for $350 million, PE Hub reported. NewVoiceMedia is a cloud Contact Center-as-a-Service (CCaaS) provider, backed by investors including BGF Ventures, Bessemer Venture Partners (BVP), Eden Ventures, Highland Capital Partners Europe, Salesforce Ventures and Technology Crossover Ventures. J.P. Morgan Securities LLC served as financial advisor to Vonage on the transaction while Jefferies LLC served as financial advisor to NewVoiceMedia.

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M&A,mergers and acquisitions