Description
Vonage (, legal name Vonage Holdings Corp. ) is an American cloud communications provider operating as a subsidiary of Ericsson. Headquartered in Holmdel Township, New Jersey, the organization was founded in 1998 as Min- X as a provider of residential telecommunications services based on voice over Internet Protocol (VoIP). In 2001, the organization changed its name to Vonage.
As of 2020, Vonage reported consolidated revenues of $1.25 billion. Through a series of acquisitions beginning in 2013, Vonage, previously a consumer- focused service provider, has expanded its presence in the business-to- business marketplace, while still keeping its home VOIP service. Vonage's offering includes unified communications, contact center applications and communications APIs. In July 2022, Ericsson completed its acquisition of Vonage for $6.2 billion.