announces the acquisition of dash Carrier Services, a North American-based provider of tier-one emergency services and wholesale carrier voice solutions. The acquisition provides Bandwidth with a definitive competitive edge, as it will now tightly couple additional advanced services, such as E911 calling, with its core voice and SMS offerings to deliver a stronger experience for customers who would otherwise need to cobble together these services in much less efficient ways.
Voice 2.0 innovators will increasingly need to add services like E911 calling as VoIP adoption continues to accelerate, and Bandwidth.com can directly address this need through its now expanded portfolio of solutions. Looking beyond voice, Bandwidth.com is also poised to address the next generation of E911, including new mediums (such as IM and SMS) and real-time location-based call delivery.
This deal marks the latest in a series of major milestones for Bandwidth.com as the company continues to expand rapidly, including signing a landmark commercial deal with the Verizon wireline companies for the exchange of VoIP traffic, serving up several billion voice minutes on its IP network in 2010, and becoming the sixth-largest provider of phone number based services in the United States this year.
The acquisition was an all-cash deal, and the combined entity is forecasted to reach over $100 million in revenues this year. Both companies are profitable and experiencing tremendous top and bottom-line growth. dash CEO Justin Nelson will remain as an advisor to the company.