Internet phone giant Vonage to acquire Atlanta’s Vocalocity

Vocalocity, an Atlanta startup that provides communications services to small- to medium-sized businesses, has agreed to be acquired by Internet phone giant Vonage, the companies announced.

Vonage is largely focused on Internet-based phone service to consumers. The deal will give the company a stronger foothold into providing voice service to businesses. Vonage said the overall North American “voice” business for small- and medium-sized companies is worth $15 billion and comprises 32 million phone lines. Approximately 85 percent of smaller companies get their phone service from major carriers like AT&T, Vonage said, at higher prices than those charged by carriers like Vocalocity.