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News  ›  Benzinga

Lumine Group to Acquire Synchronoss Technologies

Benzinga Logo Benzinga By Globe Newswire
Lumine Group to Acquire Synchronoss Technologies

Lumine Group has entered into a definitive agreement to acquire Synchronoss Technologies for approximately $116.4 million in an all-cash transaction, expected to close in the first half of 2026, subject to shareholder and regulatory approvals.

Insights
GOOG   neutral

Mentioned as a comparative benchmark for valuation metrics, with no direct negative or positive commentary


SNCR   positive

Receiving a premium acquisition offer that provides immediate value to shareholders and potential growth opportunities for employees