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Vonage Acquires TokBox, the Leading Programmable Video Provider

Acquisition Enhances Vonage's Strategy to Provide a Differentiated, Fully Programmable Communications Solution for Developers and Businesses of All Sizes Vonage Holdings Corp. has acquired TokBox Inc., a subsidiary of Telefonica, S.A.  in an all-cash transaction for an enterprise value of $35 million, including assumed liabilities. San Francisco-based TokBox is the industry-leader in WebRTC programmable video. Accelerates Vonage's Platform Strategy The acquisition of TokBox places Vonage in the leadership position in…