Lumine agrees $116m deal for telco cloud services firm Synchronoss
Lumine Group will acquire Synchronoss for $116.4m, taking the cloud-software firm private, expanding Lumine’s global scale and long-term “buy-and-hold” strategy. Acquisition – Lumine buys Synchronoss for $116.4m equity value (enterprise value $258.4m), completing its multi-step acquisition and taking the firm private. Portfolio – Synchronoss brings 11m subscribers, major cloud scale, and strong operator ties to […]