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Citrix Acquires Cloud Phone System Provider Grasshopper

grasshopper
The feeding frenzy around Cloud VoIP companies continues and this time it’s not an VoIP industry incumbent at the table.

Fresh off the news of Vonage’s acquisition of SimpleSignal for a total of $25 million, SAAS giant Citrix announced yesterday they were plucking Grasshopper, a cloud based phone system provider, from the field.

Terms of the deal were not disclosed, though Grasshopper touts more than 150,000 entrepreneurs use their services, which starts at $12 per month. If these numbers are true, this would put Grasshopper’s annual revenues somewhere in the neighborhood of $22 million.

That’s a nice incremental revenue lift for Citrix, but what they’re clearly after is the customer base. Critix provides a number of other cloud based services that entrepreneurs utilize, such as GotoMeeting, which they clearly will try to cross promote to current Grasshopper users.

Current Critix customers will likely also now be able to leverage another service from the company, one they’re already using every day.

New Beginnings

new beginnings

Everything happens for a reason. One door closes and another opens.

Whatever way you choose to speak about new beginnings, there’s always a strong dose of excitement mixed with a hint of sadness – in order for something new to begin, something old must be lost.

That’s why it’s with mixed emotions that I publicly announce that I have left VoIP Supply after almost 10 years.

This decision was not easy and comes after months of discussions with CEO Benjamin Sayers about the direction of the company and my own career. After much thought and deliberation, I determined that now was the time for me to take the next step in my professional life and build something new.

There comes a point in every persons life that they need to put their money where their mouth is. To challenge themselves past their envisioned limits and to see what happens when push comes to shove.

VoIP Supply has prepared me well for this time and I look forward to tackling the future head on with entrepreneurial drive, passion and persistence.

I’m a firm believer in leaving things better than you found them. Today, I leave VoIP Supply in the best position it has ever been, with a market leading position, capable staff and smart leaders that will undoubtedly propel the company to new heights.

I look back on my tenure with a glistening eye, proud of the all the achievements, rich with experience, knowledge and a vast network. Forever grateful for all the people who have helped make the company and me what can be seen today, especially the staff that has worked with me over the years and my management colleagues.

None of this would’ve been possible without you.

I will remain with company over the next few weeks in an advisory role as I get to building my own company. It’s a sales and marketing agency focused on providing expertise, advice, execution that drives revenue growth, new customer acquisition and organizational change for startups, early stage, new market entrants and transitioning companies. I’ll have more details for you all as they develop.

Trust that I will remain close to the industry, a space I truly love, but will also be venturing outside of it to gain fresh perspectives, new ideas…and of course see more hands!

Oh and Smith on VoIP isn’t going anywhere. If anything, this development will provide me with more time to devote to this website, something that has been a passion of mine for years.

It’s been a great ride, but my stop is here.

Time for the next trip down the road. Hopefully in a sports car.

I look forward to sharing it with you all.

– G

P.S. If you need to get a hold of me, please email garrett at garrett smith.com or call (716) 903-9495.

Hello, hello is anyone home?

That echo you hear is caused by the lack of posting.

I haven’t been writing for a long time (unless copy, plans and emails count).

Call it burnout (3,200 posts in four years). Call it lack of inspiration (lack of industry innovation). Call it what you want.

I took a lengthy break.

Now after a year of less than frequent posting I’m knocking the cob webs off this site.

There’s a lot going on in the space. Things are picking up in many areas.

And I’ve got things to say.

So stay tuned…more to come soon.

I’m Baaaaaaack!

In case you haven’t noticed I’ve been absent.

For last six months I haven’t blogged much.

It’s not that I’ve lost my love of blogging. It’s not that I haven’t had anything to say.

And plenty has happened since my last posting.

To me, blogging is something fun. But building businesses is even more fun.

So that’s where I’ve been all this time.

Rather than focusing externally, I’ve because focuser internally, working on a number of aspects of the businesses that pay the bills.

It’s been a ton of fun. It’s also been a ton of work.

(Just wait until you see what’s in store…)

Until then, I’m back. Brace yourself.

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