O2 On Its Way To Take Over Jajah for 200M$

Most of the blogs are writing that Jajah is Israeli VoIP start up. like “O2 to Acquire Israeli Startup Jajah for $200 Million” but infect Jajah exactly belongs to Austria, they have their development team in Israel. Since long Jajah was in gossips that it is in bidding war and some big names are ready to acquire Jajah but finally now its announced that O2 has officially take over Jajah for 200M$.

It was believed that Microsoft and Cisco were two other companies that were vying to get the company. Back in June, the company served up its 1 billionth VoIP call. While the company has some 15 million subscribers of its own, many of the calls originate from Yahoo Messenger, which has used Jajah since 2008 for its VoIP calls. They also have a deal in place with Microsoft.

The company has raised over $30 million in funding over four rounds. They are backed by the likes of Sequoia and Intel Capital. O2 is the mobile arm of Telefónica Europe, and had been considered the company with only an outside shot at the acquisition, especially considering Microsoft’s partnership with Jajah. Earlier reports indicated the price could be driven as high as $400 million in a bidding war, instead it appears to have stayed on the low side. Source