Lumine Group has completed the acquisition of the Messaging & NetworkX business units from Synchronoss. This will mark Lumine Group’s ninth divestiture transaction in the communications and media space. Messaging and NetworkX are primarily the result of three previous acquisitions by Synchronoss, namely SPATIALinfo, Razorsight, and Openwave Messaging. Following the acquisition, Lumine Group will restore the brands to operate as three autonomous business units.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SNCR:
- Synchronoss Technologies to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023 at 4:30 p.m. ET
- SoftBank Group deploys Synchronoss Personal Cloud
- Leading Japanese Telecommunications Carrier SoftBank Corp. Deploys Synchronoss Personal Cloud
- Synchronoss Announces SpatialNX 9.0 Including Support for PostgreSQL
- Synchronoss announces SpatialNX 9.0 including support for PostgreSQL