Vonage
Vonage (/ˈvɒnɪdʒ/, legal name Vonage Holdings Corp.) is an American cloud communications provider operating as a subsidiary of Ericsson. Headquartered in Holmdel Township, New Jersey, the organization was founded in 1998 as Min-X as a provider of residential telecommunications services based on voice over Internet Protocol (VoIP). In 2001, the organization changed its name to Vonage.
| Vonage | |
| Company type | Subsidiary |
| Nasdaq: VG | |
| Industry | Cloud Communications services |
| Founded | 1998 (as Min-X) 2001 (as Vonage) Edison, New Jersey, U.S. |
| Founders | |
| Headquarters | , U.S. |
Area served | Worldwide |
Key people | |
| Products | Unified Communications, Contact Center, Communications APIs, Home VoIP Phone Service Provider |
| Services | Business Cloud Communications Services |
| Revenue | US$1.41 billion (2021) |
| US$7.4 million (2021) | |
| US$−24 million (2021) | |
| Total assets | US$1.39 billion (2021) |
| Total equity | US$618 million (2021) |
| Members | 1.1 million subscribers (2019) |
Number of employees | 2,082 (December 31, 2021) |
| Parent | Ericsson |
| Website | vonage |
| Footnotes / references | |
As of 2020, Vonage reported consolidated revenues of $1.25 billion. Through a series of acquisitions beginning in 2013, Vonage, previously a consumer-focused service provider, has expanded its presence in the business-to-business marketplace, while still keeping its home VOIP service. Vonage's offering includes unified communications, contact center applications and communications APIs. In July 2022, Ericsson completed its acquisition of Vonage for $6.2 billion.