Ooma Closes $45 Million Acquisition of FluentStream

Reuters12-02
Ooma Closes $45 Million Acquisition of FluentStream

Ooma has completed its previously announced acquisition of FluentStream Corp., a Denver-based provider of cloud communications services for small and medium-sized businesses, for approximately $45 million in cash. The purchase was funded through a new term loan facility with Citizens Bank. FluentStream is expected to contribute $24-$25 million in annual revenue and $9.5-$10.5 million in adjusted EBITDA, becoming accretive to Ooma's adjusted EBITDA and non-GAAP earnings per share starting December 1, 2025. FluentStream currently serves around 5,000 customers and 80,000 users with its proprietary UCaaS platform and U.S.-based support.

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