▁million , ▁was ▁paid ▁by ▁an ▁ins urance ▁policy ▁covering ▁the ▁direct ors ▁and ▁officers ▁of ▁the ▁company . ▁ ▁The ▁fir ms ▁under writing ▁the ▁IP O , ▁Cit igr oup , ▁U BS , ▁and ▁Deutsche ▁Bank , ▁were ▁f ined ▁a ▁total ▁of ▁$ 8 4 5 , 0 0 0 ▁and ▁ordered ▁to ▁re im bur se ▁customers ▁for ▁" fail ure ▁to ▁ade qu ately ▁super v ise ▁communic ations " ▁with ▁invest ors . ▁NY SE ▁regul ators ▁went ▁so ▁far ▁as ▁to ▁investigate ▁possible ▁short - s elling . ▁ ▁Ac quis itions ▁Begin ning ▁in ▁ 2 0 1 3 , ▁Von age ▁acquired ▁several ▁companies , ▁including : ▁ ▁V ocal ocity , ▁a ▁software ▁as ▁a ▁service ▁( S aa S ) ▁provider ▁of ▁cloud - based ▁communic ations ▁services , ▁for ▁$ 1 3 0 ▁million ; ▁ ▁T eles phere , ▁a ▁un ified ▁communic ations ▁as ▁a ▁service ▁( UC aa S ) ▁provider ▁to ▁large ▁companies , ▁for ▁$ 1 1 4 ▁million ; ▁ ▁i Core ▁Network s , ▁also ▁a ▁U CS aa S ▁provider ▁to ▁large ▁companies , ▁for ▁$ 9 2 ▁million ; ▁ ▁Simple Sign al , ▁another ▁U CS aa S ▁service ▁provider ▁to ▁small ▁and ▁medium - s ized ▁business es , ▁for ▁$ 2 5 ▁million ; ▁ ▁g Un ify , ▁also ▁a ▁cloud - based ▁communic ations ▁service ▁provider ▁to ▁business es ▁( price ▁not ▁dis closed ). ▁