Phone Power Announces Acquisition of VOIP.com

WINNETKA, Calif. - (Business Wire) Phone Power LLC, one of the fastest growing telecommunications providers, announced that it has acquired VOIP.com, a Voice Over IP service provider headquartered in Boca Raton, Florida. Phone Power has built a solid reputation in providing cutting-edge communications solutions to both residential and business customers. This is the third acquisition for Phone Power in the last twelve months. Financial terms of the deal were not disclosed. The acquisition grows the Phone Power customer base over 25%.

"VOIP.com is an excellent fit for Phone Power as we continue to grow," said Ari Ramezani, CEO of Phone Power. "We are very pleased to welcome VOIP.com customers into the Phone Power family. We look forward to utilizing our combined synergies to provide all of our customers the most advanced features that technology has to offer and a world class customer service experience. The VOIP.com brand will contribute significantly to the company's organic growth potential."

Moving forward, the VOIP.com brand will co-exist independently with the Phone Power brand. Phone Power plans to manage the VOIP.com brand by continuing to invest in marketing, infrastructure and customer support. VOIP.com clients will gain access to Phone Power's advanced features such as their free softphone, mobile apps, and free international calling.