M&A Deal Summary

Somos Acquires XConnect

On June 29, 2021, Somos acquired communications company XConnect

Acquisition Highlights
  • This is Somos’ 1st transaction in the Communications sector.
  • This is Somos’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2021-06-29
Target XConnect
Sector Communications
Buyer(s) Somos
Deal Type Add-on Acquisition

Target

XConnect

London, United Kingdom
XConnect is a provider of next-generation Federation-based interconnection services driving the adoption of IP-based multimedia communications. XConnect was founded in 2005 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Somos

East Brunswick, New Jersey, United States
Category Company
Sector Business Services
DESCRIPTION

Somos, Inc. provider of trusted, neutral numbering and registry administration services for the telecommunications industry, enables data integrity and access to fuel innovation and growth. Somos is based in East Brunswick, New Jersey.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United Kingdom) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-02 10X People

Littleton, Colorado, United States

10X People LLC is a provider of customized technical solutions and innovative numbering products. 10X People is based in Littleton, Colorado.

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