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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