On November 24, 2025, Ooma, a smart communication platform, announced that it will acquire Phone.com, a cloud-based business communication service provider, for approximately $23.2 million in cash. The transaction amount will be subject to customary working capital adjustments. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the fourth quarter of Ooma’s fiscal year ending January 31, 2026.
Phone.com was founded in 2006 by domain industry pioneer Mike Mann, focusing on providing cloud-based business communication solutions for small and medium-sized enterprises. As a leading figure in the domain industry, Mike Mann has been deeply involved in the industry for over 20 years, accumulating hundreds of thousands of high-quality domains. He built the top-level domain secondary market platform BuyDomains.com, which was sold in 2005. His entrepreneurial achievements and industry influence are widely recognized.
Mike Mann, founder of Phone.com
According to the announcement, upon completion of the acquisition, Phone.com will boost Ooma’s adjusted EBITDA and non-GAAP earnings per share from the effective date of the transaction. At current operating levels (excluding synergies), Phone.com expects to contribute $22 million to $23 million in revenue and $1 million to $1.5 million in adjusted EBITDA to Ooma annually.
Ooma CEO Eric Stang stated that this acquisition aligns with the company’s core strategy of serving small and medium-sized enterprises (SMEs). Phone.com’s mature platform, strong online presence, and direct sales model will create synergies with Ooma, further solidifying its industry-leading position and creating long-term value for shareholders.
Phone.com CEO Ari Rabban stated that the two companies’ visions are highly aligned. Ooma’s commitment to quality, integrity, and growth will help Phone.com continue to innovate, providing customers with better business communication solutions and continuing its excellence in serving SMEs.
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