net2phone Acquires LiveNinja

NEWARK, N.J., Jan. 4, 2017 /PRNewswire/ -- net2phone, a provider of unified cloud-based communications services for businesses, today announced that it has acquired LiveNinja, provider of an innovative customer-facing messaging and live chat management service. net2phone is a subsidiary of IDT Corporation (NYSE: IDT), a global communications and payment services company.

"LiveNinja's powerful messaging and chat solution will be integrated with PicuP to further distinguish and advance our cloud-based communication service for small to midsized businesses," said Jonah Fink, President of net2phone. "The acquisition of LiveNinja reflects our commitment to grow PicuP into a market leading multi-channel communications platform for small to mid-sized enterprises - facilitating seamless communications between SMB's, their customers and their suppliers through voice, video, chat, texting, messaging and more."

PicuP provides small to midsized businesses (SMBs) with an automated self-service platform that allows them to professionally answer, route, and manage their inbound calls. PicuP's service includes auto-attendants, customized welcome greetings, and voicemail to email – features previously reserved for big businesses with large IT budgets.  To learn more about PicuP's revolutionary capabilities including its free services, visit www.picup.com.

LiveNinja offers a messaging application that facilitates companies and their customers having seamless conversations across multiple messaging and chat channels including live chat, SMS and Facebook Messenger – the channels that businesses most often utilize to meet, convert and serve their customers.

"Customers today reach out to businesses through a multitude of channels, and businesses need the tools to manage these interactions seamlessly," said Will Weinraub, CEO of LiveNinja. "Imagine a scenario where a customer contacts a business through its website, transfers from chat to SMS, and then continues the conversation by calling the business's dedicated phone number. Through this new partnership, we will provide businesses with unified access to the context, history, and data generated across all of these channels to gain customer insight. We are excited to be joining with net2phone to achieve this vision."

"Leveraging LiveNinja's technology, PicuP will become a multi-channel platform that spans phone, messaging, SMS and web chat. PicuP will be the convenient and affordable choice for SMB's to manage their interactions with their customers, colleagues and suppliers. We are excited to welcome the talented LiveNinja team to the net2phone family and look forward to working with them to deliver the communication solutions of choice for businesses," concluded Zali Ritholtz, net2phone's Chief Operating Officer.

LiveNinja will continue to offer its messaging platform as a standalone product until the integration of the two companies' services has been completed.  At that point, LiveNinja customers will be transitioned to PicuP so that they can enjoy access to the integrated solution.

About net2phone:
net2phone was founded in 1990 to pioneer VoIP communications and has become a leading provider of cloud based telephony services. net2phone's flagship hosted PBX service offers its channel partners the opportunity to uncover significant recurring revenues, enjoy customer retention, and add new services to, or even build, their own brands. net2phone is a subsidiary of IDT Corporation (NYSE: IDT), a leading global provider of telecommunications and payment services.  To learn more, please visit www.net2phone.com or follow us on Twitter at @net2phone.

About LiveNinja:
LiveNinja is on a mission to grow businesses by helping them be more reachable, personable, and memorable. Built to help businesses stay in touch with their customers, LiveNinja offers a new kind of customer messaging experience, designed for today's mobile generation. Anyone can sign up for free at: www.liveninja.com // Twitter: @LiveNinjaDotCom // Facebook: LiveNinja

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. IDT Corporation's filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

SOURCE net2phone

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