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Acquisition

Sinch to buy independent voice communications provider Inteliquent for $1.14 bn

Sinch AB, a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire Inteliquent, the largest independent voice communications provider in the United States, for a total cash consideration of $1.140B USD. Inteliquent has built a strong go-to-market strategy as a trusted partner to category leaders in every […]

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Global Investment

Softbank buys 10.1% stake in Swedish firm Sinch

Cloud computing services provider, Sinch, has announced that Softbank-owned SB Management has bought a 10.1% stake in the company.  Sinch said in a statement it had issued 3.2 million new shares at a subscription price of 1.050 crowns per share, a 6.6% discount to Monday’s closing price, raising about 3.3 billion Swedish crowns ($386 million) […]

Categories
Investment

Sinch acquires ACL Mobile to expand reach in India

Sinch AB, a global leader in cloud communications for mobile customer engagement, announced that it has entered into a definitive agreement to acquire ACL Mobile Limited for a total cash consideration of Rs 5,350 million. Founded in 2000, ACL Mobile is a leading provider of cloud communications services in India and Southeast Asia. Its platform […]