Vonage is reportedly preparing for an IPO according to the WSJ.
According to the WSJ, Vonage is planning an initial public offering to raise as
much as $600 million. According to the article, "Citing a person familiar with the matter, the newspaper said Vonage had already raised more than $400 million in venture capital from firms
that include Bain Capital, 3i Group Plc and Institutional Venture Partners... There was no immediate comment from the Edison, New Jersey-based company, which declined comment to the Journal."
Two major VoIP news in the last few days - first Google Talk and now Vonage? This is a BIG week for VoIP!
Makes you wonder if Google Talk was the "spark" that made Vonage start the IPO ball rolling now. Or it could simply be coincidence.
Update:
Check out Johanne Torres's analysis on the Vonage IPO as well as Rich Tehrani's.
Vonage IPO
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- VoIP » Vonage » Vonage IPO
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Listed below are links to sites that reference Vonage IPO:
Vonage IPO TrackBack URL : http://blog.tmcnet.com/mt/mt-tb.cgi/13598
Apparently all the rumors of Vonage being acquired are now dead as an IPO seems likely. I suppose it is still possible for someone to come in at the last second and buy the company. A cable company or international... Read More
Yesterday, I wrote about a source informing me that Vonage plans on opening their SIP credentials. The source also mentioned that Vonage planned on waiting to drop the $9.99/month requirement to get SIP credentials until AFTER their IPO offering since... Read More
Related Entries
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- Vonage reaches 1.5 million lines mark
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