Ooma, Inc. has successfully closed the acquisition of FluentStream Corp. for approximately $45 million in cash.
FluentStream is expected to generate annual revenue of $24-$25 million and adjusted EBITDA of $9.5-$10.5 million, starting from December 1, 2025.
FluentStream, founded in 2010 and based in Denver, Colorado, is a cloud communications/UCaaS provider serving approximately 5,000 customers and 80,000 users.
Acquisition Details
Ooma acquired FluentStream Corp. for about $45 million in cash, expecting positive financial impacts starting from the acquisition date.
Revenue Projection
FluentStream is expected to generate annual revenue in the range of $24-$25 million, strengthening Ooma's financial position.
Strategic Expansion
The acquisition of FluentStream enhances Ooma's presence in the enterprise-grade business communication services sector.
- The acquisition of FluentStream is projected to be accretive to Ooma's Adjusted EBITDA and non-GAAP earnings per share from December 1, 2025.
- FluentStream's strong channel/partner program and focus on customer service align well with Ooma's offerings and growth strategy.
This strategic acquisition of FluentStream positions Ooma, Inc. for further growth and expansion in the business communication services market.