M&A Deal Summary

Sinch Acquires mBlox

On May 13, 2016, Sinch acquired internet software and services company mBlox

Acquisition Highlights
  • This is Sinch’s 1st transaction in the Internet Software and Services sector.
  • This is Sinch’s 1st transaction in the United States.
  • This is Sinch’s 1st transaction in California.

M&A Deal Summary

Date 2016-05-13
Target mBlox
Sector Internet Software and Services
Buyer(s) Sinch
Deal Type Add-on Acquisition

Target

mBlox

Sunnyvale, California, United States
mBlox, Inc. is a provider of cloud-based mobile messaging in the world, trusted by companies to carry their mission-critical traffic.

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Buyer(S) 1

Buyer

Sinch

Stockholm, Sweden

Category Company
Founded 2008
Sector Internet Software and Services
Employees3,557
Revenue 28.7B SEK (2024)
DESCRIPTION

Sinch brings businesses and people closer with tools enabling personal engagement. Its cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice, and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many companies. Sinch was formed in 2008 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 9
Sector: Internet Software and Services M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 7
State: California M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2016 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-09 Sinch AB

Stockholm, Sweden

Sinch AB is a provider of cloud based, mobile communications platform that makes adding Voice, Verification, Video, SMS, and IM into apps.

Buy kr130M