M&A Deal Summary

Synchronoss Acquires F-Secure - Personal Cloud Assets

On February 4, 2015, Synchronoss acquired internet software and services company F-Secure - Personal Cloud Assets from F-Secure Oyj for 60M USD

Acquisition Highlights
  • This is Synchronoss’ 1st transaction in the Internet Software and Services sector.
  • This is Synchronoss’ 3rd largest (disclosed) transaction.
  • This is Synchronoss’ 1st transaction in Finland.

M&A Deal Summary

Date 2015-02-04
Target F-Secure - Personal Cloud Assets
Sector Internet Software and Services
Buyer(s) Synchronoss
Sellers(s) F-Secure Oyj
Deal Type Divestiture
Deal Value 60M USD

Target

F-Secure - Personal Cloud Assets

Finland
F-Secure - Personal Cloud Assets comprises personal cloud platform of F-Secure Oyj. The assets are located in Finland. These Mobile Operators will offer Synchronoss direct access to over 3.5 Billion subscribers around the world for its personal cloud platform.

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Buyer(S) 1

Buyer

Synchronoss

Bridgewater, New Jersey, United States

Category Company
Founded 2000
Sector Software
Employees1,321
Revenue 164M USD (2023)
DESCRIPTION

Synchronoss is a provider of cloud solutions and software based activation serving communication service providers. Synchronoss was founded in 2000 and is based in Bridgewater, New Jersey.


DEAL STATS #
Overall 7 of 10
Sector (Internet Software and Services) 1 of 2
Type (Divestiture) 3 of 4
Country (Finland) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-14 Voxmobili SA

Paris, France

Voxmobili provides address book personal cloud solutions to many of the world’s leading mobile operators.

Buy $26M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 Openwave Messaging

Redwood City, California, United States

Openwave Messaging, Inc. is a provider of core e-mail and voicemail software solutions to major telecommunications service providers, mobile operators and cable operators.

Buy -

Seller(S) 1

SELLER

F-Secure Oyj

Helsinki, Finland

Category Company
Founded 1988
Sector Information Technology
Employees841
Revenue 154M EUR (2014)
DESCRIPTION

F-Secure Oyj is a provider of antivirus, online security and content cloud solutions for business enterprises.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Finland) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-02 nSense

Copenhagen, Denmark

nSense is a provider of competence in enterprise cyber security. Sense provides security consultation and vulnerability assessment services and products to large enterprises.

Buy -