STARTUPS

NY-listed 8x8 pays US$125m for Singapore-based Wavecell

STARTUPS

NY-listed 8x8 pays US$125m for Singapore-based Wavecell

3 -min read
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3 -min read
Listen to this article

Singapore

WAVECELL, a privately held communications platform-as-a-service (CPaaS) provider based in Singapore, has been acquired by New York-listed 8x8 for around US$125 million in cash and stock, marking the US firm's entry into South-east Asia.

8x8 is a cloud provider of voice,...