Tech Company M&A Transactions
TokBox Acquisition
TokBox was acquired by Vonage Holdings. The transaction was announced on 8/1/2018. Purchase price was estimated to be $35 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/1/2018
Transaction Type
M&A
Amount
$35,000,000
M&A Terms
Vonage has acquired TokBox Inc., a subsidiary of Telefonica, S.A., in an all-cash transaction for an enterprise value of $35 million, including assumed liabilities. The acquisition of TokBox places Vonage in the leadership position in the programmable video sector with the strongest level of global adoption among video API providers. TokBox enables developers and enterprises to integrate live video into websites, mobile apps, and IoT devices with just a few lines of code.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
115 Stillman Street
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Tokbox is a free service that lets you talk with your friends over live video. Here's how it works: you sign up and we give you a link. When you want to talk with anyone, just give them the link - they click and you chat.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ian Small
VP - Bus. Development
Janine Yoong
VP - Engineering
Badri Rajasekar
VP - Product Management
David Ovadia
Browse more venture capital transactions:
Prev: 8/1/2018: Edmit venture capital transaction
Next: 8/2/2018: NED Biosystems venture capital transaction
Share this article
About Our VC Transactions Data
We document all VC transactions involving tech companies. All VC database entries on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs