Ooma to acquire FluentStream for $45M in cash

Core Insights - Ooma has signed a definitive agreement to acquire FluentStream for approximately $45 million in cash, subject to customary working capital adjustments [1] - The acquisition is expected to be accretive to Ooma's adjusted EBITDA and non-GAAP earnings per share starting from the closing date, anticipated in the fourth quarter of fiscal year 2026 [1] - FluentStream is projected to generate annual revenues of $24 million to $25 million and adjusted EBITDA of $9.5 million to $10.5 million based on current run rates [1] - Ooma's board of directors has approved the transaction, which will be financed through a combination of cash on hand and bank debt financing [1]