vocalocity
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The small-to-medium sized business Voice over Internet Protocol (VoIP) phone service provider Vocalocity, based in Atlanta, has just been acquired by Vonage. The deal was signed on October 10th, 2013, and both parties agreed to the sale for $105 million in cash and $25 million in Vonage Stock. This $130 million sale marks the industry wide move towards the up and coming SMB VoIP market.