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News  ›  Benzinga

Synchronoss Technologies, Inc. to Be Acquired by Lumine Group

Benzinga Logo Benzinga By Globe Newswire
Synchronoss Technologies, Inc. to Be Acquired by Lumine Group

Synchronoss Technologies will be acquired by Lumine Group in an all-cash transaction valued at $116.4 million, with shareholders receiving $9.00 per share, representing a 70% premium over the previous closing price.

Insights
SNCR   positive

The company will be acquired at a significant premium, with leadership expressing excitement about the partnership and potential for future growth and innovation