1. Home >
  2. M&A >
  3. Divestiture >
  4. Germany >
  5. Sinch Acquires Xura Secure Communications

M&A Deal Summary

Sinch Acquires Xura Secure Communications

On February 17, 2017, Sinch acquired communications company Xura Secure Communications from Xura for 16M USD

Acquisition Highlights
  • This is Sinch’s 1st transaction in the Communications sector.
  • This is Sinch’s 7th largest (disclosed) transaction.
  • This is Sinch’s 1st transaction in Germany.

M&A Deal Summary
Date 2017-02-17
Target Xura Secure Communications
Sector Communications
Buyer(s) Sinch
Sellers(s) Xura
Deal Type Divestiture
Deal Value 16M USD

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 3 of 9
Sector: Communications M&A 1 of 3
Type: Divestiture M&A Deals 1 of 2
Country: Germany M&A 1 of 2
Year: 2017 M&A 1 of 2
Size (of disclosed) 7 of 8
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-10 Dialogue Group

London, United Kingdom

Dialogue Group Ltd. is a mobile messaging and security services provider. Dialogue Group is based in London, United Kingdom.

Buy £32M

Seller(S) 1

SELLER

Xura

Wakefield, Massachusetts, United States
Category Company
Founded 1997
Sector Information Technology
Employees3,000
Revenue 477M USD (2015)
DESCRIPTION

Xura is a provider of IT solutions to global communications across a variety of mobile devices and platforms. The company helps communication service providers (CSPs) and enterprises navigate and monetize the digital ecosystem to create innovative, new experiences through our cloud-based offerings. Xura was founded in 1997 and is based in Wakefield, Massachusetts.

DEAL STATS #
Overall 4 of 4
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2017 M&A 3 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-08 Ranzure Networks

Richardson, Texas, United States

Ranzure Networks is a developer of 5G Cloud Radio Access Network (“RAN”) technology. Ranzure Networks was founded in 2016 and is based in Richardson, Texas.

Sell -
Mergr

Solution for

Product

Company

Legal