Bandwidth to acquire international communications leader Voxbone

Bandwidth, a leading enterprise cloud communications company, has signed a definitive agreement to acquire Voxbone, an international enterprise cloud communications leader, for €446 million EUR. The acquisition will accelerate and expand Bandwidth's opportunity to serve the $17.7 billion CPaaS market with a five-year CAGR of 33% (2019 to 2024). Combining these two companies will create a unified software platform, network, and team to serve people around the world, benefiting global enterprises looking for rapid launch and hyper-scale of communications applications and experiences.