Why Vonage Is Acquiring Nexmo for $230 Million

The video discusses the company's recent earnings, highlighting a strong quarter with significant EBITDA growth. It announces the acquisition of Next MO, a strategic move to enhance its position in cloud communications. The company aims to shift its focus from residential to business customers, expecting business revenues to surpass residential by 2017. An example of the communication platform's application is provided, illustrating its integration in services like Uber. Despite positive developments, the company's stock is undervalued, but the acquisition is expected to increase in value over time.

What is the expected trend for business revenues compared to residential revenues by 2017?

What challenges does the company face in terms of Wall Street's perception?