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Vonage Holdings Corp. (/ ˈ v ɒ n ɪ dʒ /, or simply Vonage) is an American cloud communications provider operating as a subsidiary of Ericsson. Headquartered in Holmdel Township, New Jersey , the organization was founded in 1998 as Min-X as a provider of residential telecommunications services based on voice over Internet Protocol (VoIP).
The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. [ 1] According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred ...
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What: Vonage Holdings (NYS: VG) dropped as much as 10% in early Thursday trading, but while you wouldn't know it from the stock price, Vonage actually had a pretty good second quarter.
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RingCentral founders Shmunis and Vendrow previously worked together at RingZero Systems, where Shmunis was founder/CEO and Vendrow was director of engineering. RingZero was focused on small business communications on Microsoft Windows. [18] The company was sold to Motorola in 2003, and Shmunis and Vendrow founded RingCentral. [19] [11]
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