Synchronoss Technologies, Inc, a mobile cloud innovation and software-based activation solutions provider for mobile carriers, has acquired Voxmobili SA, a wholly owned subsidiary of OnMobile Global Ltd.
Voxmobili provides address book personal cloud solutions to many of the world’s leading mobile operators. Voxmobili’s customers include AT&T, Airtel, Everything Everywhere, France Telecom, Orange, T-Mobile, and Vodafone. In consideration for the acquisition, Synchronoss paid approximately $26 million USD in cash to OnMobile Global Ltd.
This strategic acquisition will enable Synchronoss to bolster its position as the leading provider of personal cloud solutions to the world’s largest mobile operators. Upon completion of the acquisition and integration of the technology, more than 30 mobile operators worldwide will be using Synchronoss platforms.
This customer list includes the three largest carriers in both North America and Europe, the leading carriers in Latin America and several of the largest carriers in Asia Pacific. The company’s combined addressable market will exceed 3 billion subscribers worldwide.
“The network address book has proven to be one of the most valued data classes for mobile subscribers, and is central to our Synchronoss Personal Cloud offering,” said Stephen Waldis, founder, chairman and chief executive officer, Synchronoss. “As mobile operators around the world accelerate their personal cloud service rollouts – and subscriber adoption continues to rise – we believe Synchronoss is well positioned for long term growth.”
The Synchronoss Personal Cloud enables mobile telecommunications operators to offer customers a branded mobile cloud solution that delivers a world-class customer experience, new revenue opportunities and drives bottom line growth by reducing churn. The network address book is a core element of the Synchronoss personal cloud that delivers a cross-platform, seamless and native user experience.