Barack Obama has been re-elected to a second term as President of the United States, according to FOX News projections.
Obama sealed four more years in the White House after claiming the crucial battleground state of Ohio. That victory was quickly followed by wins in both Iowa and Oregon, putting the president over the required 270 electoral votes.
Obama won both Minnesota and Wisconsin en route to his re-election.
"This happened because of you. Thank you," the president posted on Twitter after reports of his re-election. "We're all in this together. That's how we campaigned, and that's who we are. Thank you."
Romney called the president to concede shortly before 1 a.m. ET.
"I have just called President Obama to congratulate him on his victory," Romney said to a still-strong crowd at his Boston headquarters. "This is a time of great challenge for America and I pray that the president will be successful in guiding our nation."
OBAMA ACCEPTS FOUR MORE YEARS
"Tonight in this election you, the American people, reminded us that while our road has been hard, while our journey has been long, we have picked ourselves up, we have fought our way back, and we know in our hearts that for the United States of America, the best is yet to come," Obama said in his victory speech before a crowd in Chicago.
Obama said he wants to meet with Romney to discuss how to work together.