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Stock impact report

net2phone Acquires Spanish UCaaS Provider RingSouth Europa

IDT Corporation Class B (IDT) 
US:NYSE Investor Relations: ir.idt.com/investor-relations
Company Research Source: PR Newswire
NEWARK, N.J., Dec. 17, 2019 /PRNewswire/ -- net2phone, a global provider of cloud communications solutions to businesses, today announced that it has acquired RingSouth Europa (RingSouth), a business communications provider headquartered in Murcia, Spain.  Jonah Fink, President of net2phone, said, "RingSouth is a highly regarded provider of cloud communications services to Spanish businesses with a roster of corporate and institutional clients including the University of Murcia.  We look forward to pursuing the tremendous opportunities for further expansion in Spain and other European markets."RingSouth was founded in Murcia in the Southeast of Spain in 2005.  Since launch, the company has expanded its footprint to Madrid and beyond while achieving notable enterprise customer wins.  Its EcoVoz platform offers advanced features and facilitates integration with popular CRM and ERP solutions.RingSouth's General Manager, Jonathan Garcia, said, "We are excited to have net2phone's formidabl Show less Read more
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