Ooma Agrees to Acquire Voxter, Provider of Advanced UCaaS Solutions for Businesses

Sunnyvale, CA – Monday, March 5th, 2018

Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today announced it has signed a definitive agreement to acquire Voxter Communications Inc., a provider of custom UCaaS solutions for mid-market and enterprise businesses.

Voxter will complement the Ooma Office solution for small business, giving Ooma a business communications portfolio that can meet the needs of organizations of all sizes.

Founded in 2005 and based in Vancouver, British Columbia, Voxter provides its clients with fully hosted VoIP solutions, taking productivity to a higher level through a voice architecture that’s feature rich and highly customizable to meet the individual needs of each business. Beyond telephony, Voxter offers instant messaging, videoconferencing, contact center capabilities, integration with mobile devices and more.

Voxter provides its advanced UCaaS solution to leading businesses, including Slack, Optimizely, Whistler Blackcomb Ski Resort, Hyperwallet and Grafana.

“Voxter’s industry-leading technology and outstanding engineering talent will help accelerate Ooma’s strategy to provide the most advanced unified communications solutions,” said Eric Stang, chief executive officer of Ooma.  “With the addition of Voxter, Ooma can now serve larger businesses with highly customizable solutions that uniquely meet their individual needs, in addition to serving small businesses with the award winning Ooma Office platform. Together, Voxter and Ooma bring deep expertise in cloud-based voice technology, increased scale, and stronger solutions for channel partners.”

“We look forward to taking Voxter to the next level as we join forces with Ooma,” said Dayton Turner, chief executive officer and co-founder of Voxter. “Our mission at Voxter is ‘business VoIP, done right.’ We’re delighted Ooma shares this objective, and that our solutions fit neatly together.”

Voxter’s revenue and the economic terms of the transaction will not be disclosed. The transaction is expected to close in March.

Ooma will report financial results for the fourth quarter and fiscal year ended January 31, 2018, after the market closes tomorrow (March 6, 2018). The company plans to host a conference call and live webcast for analysts and investors tomorrow at 5 pm Eastern time. Details are available at https://investors.ooma.com.

About Ooma, Inc.

Founded in 2004, Ooma creates new communications experiences for small businesses and consumers. Its smart platform serves as a communications hub, which offers cloud-based telephony and other connected services. Ooma combines PureVoice HD call quality and innovative features with mobile applications for reliable anytime, anywhere calling. The company has been ranked the No. 1 home phone service for overall satisfaction and value for five consecutive years by the leading consumer research publication. Ooma is also partnering with connected device makers to create smarter offices and homes. Ooma is available in stores and online from leading retailers. For more information about Ooma, please visit www.ooma.com or follow us on Twitter, LinkedIn or Facebook.

Ooma, Ooma Telo, Ooma Office, PureVoice and the Ooma logo are trademarks of Ooma, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

The detailed terms and conditions of Ooma’s products, services, and support are fully set forth in the Terms and Conditions, available online under the “legal” tab on the bottom navigation bar of the Ooma Web site.

MEDIA CONTACT:
Mike Langberg at Ooma
mike.langberg@ooma.com
650-566-6693

INVESTOR CONTACT:
Matt Robison at Ooma
matt.robison@ooma.com
415-661-0470