3 Comments

Summary:

Telefónica, the parent company of O2, today announced the acquisition of Jajah for €145 million (about $207 million) in an all-cash transaction. The rumors of this deal emerged earlier this month.

Telefónica, the parent company of O2, today announced the acquisition of Jajah for €145 million (about $207 million) in an all-cash transaction. The company had raised $35 million from various investors including Deutsche Telekom, Intel Capital and Sequoia Capital. The rumors of this deal emerged earlier this month. You can read my post, “Why O2 Wants to Buy Jajah,” to get a better understanding of the deal.

Matthew Key, chairman and CEO of Telefónica Europe, said in a press statement: “The acquisition of Jajah broadens the scope of our communications offering and opens up new capabilities in the voice communication space.” Jajah will continue to operate as a standalone brand, reporting to Telefónica Europe, which will offer Jajah services to its customers.

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  1. Frederik Hermann Wednesday, December 23, 2009

    Hi Om,

    I’m sorry that I couldn’t provide any more details earlier. Thank you for all the support and feedback in all those years, I personally really appreciate it.

    Cu soon and enjoy the holidays!

    Best, Frederik

  2. Skype with an investor group!
    Gizmo with Google!
    Jajah with O2!
    iCall with Apple?

    In opening 3G network to VoIP, I am sure cellular operator will buy some VoIP company to knows better the market and the technology.

    Who’s next?

  3. Dear Jajah,

    so now please connect all O2 networks to iNum! Let all O2 customers call iNum numbers (“one number for the world”) for free, as they already can do from Jajah. Now that would be an interesting move! ;)

    Congratulations!
    Markus

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