.
MergerLinks Header Logo

New Deal


Announced

Completed

Verizon completed the acquisition of BlueJeans for £321m.

Financials

Edit Data
Transaction Value£321m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

IP video solutions

video conferencing

United States

Acquisition

Friendly

screen sharing

Majority

Single Bidder

Digital Services

conference space

Private

Completed

Domestic

Synopsis

Edit

Verizon Communications, an American multinational telecommunications conglomerate, completed the acquisition of BlueJeans Network, a cloud-based video conferencing service provider for £321m. "The combination of BlueJeans’ world class enterprise video collaboration platform and trusted brand with Verizon Business’ next generation edge computing innovation will deliver highly differentiated and compelling solutions to our joint customers. We are very excited about joining the Verizon team and we truly believe the future of business communications starts today!” Quentin Gallivan, BlueJeans CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US