Vonage completes acquisition of Nexmo

Vonage Holdings Corp. (NYSE: VG) has completed the acquisition of privately held Nexmo, Inc., a provider of communications platform as a service (CPaaS) segment of the cloud communications market, the company said.

San Francisco-based Nexmo provides application program interfaces for text messaging and voice communications, allowing developers and enterprises to embed contextual, programmable communications into mobile apps, websites and business systems, creating better customer engagement and integrated workflows.

Vonage is a provider of cloud communications services for businesses.