M&A Deal Summary

Sinch Acquires Sinch AB

On December 9, 2016, Sinch acquired internet software and services company Sinch AB for 130M SEK

Acquisition Highlights
  • This is Sinch’s 2nd transaction in the Internet Software and Services sector.
  • This is Sinch’s 7th largest (disclosed) transaction.
  • This is Sinch’s 1st transaction in Sweden.

M&A Deal Summary

Date 2016-12-09
Target Sinch AB
Sector Internet Software and Services
Buyer(s) Sinch
Deal Type Add-on Acquisition
Deal Value 130M SEK

Target

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.

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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 2 of 9
Sector: Internet Software and Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 7
Country: Sweden M&A 1 of 1
Year: 2016 M&A 2 of 2
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-13 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-17 Xura Secure Communications

Germany

Xura Secure Communications GmbH is a provider of digital communications services. Xura Secure Communications is listed as the Preferred Mobile Transaction Authentication Number (mTAN) provider for Germany's largest banking networks.

Buy $16M