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General

Infobip buys Peerless Network, attracts USD 500 mln in new funding

Wednesday 3 November 2021 | 10:02 CET | News
Cloud communications company Infobip Group has agreed to acquired global VoIP provider Peerless Network, its fourth acquisition in under a year, after OpenMarket, Shift Conference and Anam. The transaction will be financed through a combination of Infobip shares and cash, and should complete after all approvals come in next year. Peerless Network management will roll parts of its holdings into Infobip.

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Categories: General
Companies: Anam / OpenMarket / Peerless Network
Countries: World
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