Lumine Group acquires Synchronoss’ Messaging & NetworkX units

Lumine Group announced that it 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. “Lumine Group is an experienced acquirer of corporate divestitures and well positioned to support the future ambitions of these businesses,” said Jeff Miller, CEO of Synchronoss. “This acquisition helps ensure a smooth transition for our employees and valued customers, while sharpening Synchronoss’ operational focus and bolstering our market presence.”