Sun. Jul 5th, 2020

Genband Acquires Fring Messaging and VoIP Application For $50 Million USD

Genband, Fring acquisition, Fring VoIP

We knew it was inevitable as the messaging space becomes more competitive, and fring is the first to experience an acquisition. Luckily, however, the app isn’t heading toward the chopping block of yesterday.

Genband, the company that has acquired fring’s Over-the-Top (OTT) mobile IP communications service for consumers for as-of-yet undisclosed financial terms, apparently has long term plans for the application and plans to add fring to its portfolio of communications services, which also include cloud communications, 4G voice, and WebRTC.

“fring is one of the pioneers that helped change the way consumers communicate on-thego and is perfectly aligned with our trategy to bring service providers rich, simple-to-use, mobile communications solutions,” said David Walsh, CEO of GENBAND. “The fring team and technology enhance our ability to serve our customer base of over 700 service providers around-the-world, fortifying them with a proven platform they can white-label to bring their own brand of OTT services to subscribers.”

“Combining fring’s solutions with GENBAND’s global reach, engineering expertise and complementary cloud service offerings changes the game for service providers,” said Roy Timor-Rousso, former CEO of fring and currently a senior executive in GENBAND’s Multimedia Business Unit. “After early successes licensing our solutions to a number of wireless and other carriers, we recognize the power of combining with GENBAND.”

The company suggests it will be particularly valuable to fixed operators and cable companies who are looking to enter the OTT market and as an alternative to expensive roaming charges. The acquisition also helps fring, which has 4 million users on iOS and Android, expand globally as it looks for footing to compete with a host of other VoIP and messaging apps on the market.

We’ve reached out to both Genband and Fring for additional comments and will update this article accordingly. dear sirs madam cover letter canadian levitra termpaperwarehouse username and password enter best place to get viagra word problem homework help alternative zu viagra how to write an illustrative essay thesis example for essay thesis statement for friendship essay music to do my homework to do thesis paper example outline best law school essay service here buy cheap kamagra uk enter how to retrieve sent emails on my ipad go write thesis see source site research paper conclusion show me how to write a research paper research proposal on internet security thesis example chapter 1 premarin where to get w o prescription essay in japanese cialis from american companies online viagra risks go to site Update: Bloomberg reports that Genband reportedly paid $50 million USD for Fring.