Truecaller AB acquires TextPlus Inc.
- Acquirer
- Truecaller AB
- Target
- TextPlus Inc.
- Deal Value
- USD 15.0M
- Status
- Announced
- Announced
- July 17, 2026
What happened
Truecaller announced an agreement to acquire US-based TextPlus, a communications software provider offering second-number, VoIP and internet-based calling services, for USD 15.0 million on a cash and debt free basis. The acquisition is expected to close in Q3 2026, subject to regulatory approvals and customary closing conditions.
Why it matters
The purchase accelerates Truecaller's expansion into consumer telecom services in the US and brings complementary VoIP/second-number capabilities that can be positioned as alternatives to traditional MVNO offerings, signalling continued convergence of app-based communications and light‑touch consumer telco services.
Source: Truecaller (press release)
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