Swedish telecommunications & cloud communications platform Sinch has just announced that it agreed to acquire India’s communications platform ACL Mobile for $70 million. It is the 3rd largest acquisition of Sinch since the start of March.
In the previous months, Sweden’s Sinch announced its acquisition of SAP Digital Interconnect, which is a unit of SAP SE, for $252.88 million and the Brazilian mobile leader Wavy for $70 million.
Today, Sinch published a blog post and announced it agreed to acquire India’s rising mobile communications platform ACL Mobile which has more than 500 enterprise customers, for approximately $70 million. (INR 5.350 million)
With ACL we gain critical scale in the world’s second largest mobile market. We gain customers, expertise and technology and we further strengthen our global messaging product for discerning businesses with global needs.Oscar Werner, Sinch CEO
Source: Sinch News
Together with Sinch we are scaling up to become one of the leading global players in our industry. I’m excited about this next chapter and the many new opportunities that we can pursue together.Sanjay K Goyal, Founder and CEO of ACL Mobile