Bangalore, India, July 15, 2014: OnMobile Global Limited, a global leader in mobile services, today announced the divestiture of its French subsidiary Voxmobili S.A to Synchronoss Technologies Inc. OnMobile had signed the Share Purchase Agreement with Synchronoss Technologies in May 2014.
With the closure of this deal, OnMobile realises approximately USD 26 million subject to escrows and other conditions customarily contracted as part of such deals. The sale of Voxmobili is directly in line with OnMobile’s strategy of focusing on its core products.
Synchronoss Technologies Inc., is a leader in mobile cloud solutions and is headquartered in New Jersey.
OnMobile announces sale of Voxmobili S.A.
Related Posts :
Bahwan CyberTek’s President, Ms. Jaya Vaidhyanathan, receives ‘Stevie Awards for Women in Business’Ms. Jaya Vaidhyanathan, President – BFSI and Strategic Business Initiatives of Bahwan Cyb…
Xerox launches C60/C70 at Print Miracle Expo 2014Kerala, India, December 16, 2014: Xerox India, a part of Xerox Corporation, world’s leadi…
Amazon.in launches India’s multi-brand Precious Jewellery StoreBengaluru, India, December 16, 2014: Amazon.in today announced the launch of the Precious…
Hike announces its first online hackfest – The HikeAthonNew Delhi, India, December 16, 2014: hike messenger, India’s free messaging app, today an…
New partnership between social enterprise and Oxford Executive MBA students to create jobs for people in rural IndiaMumbai, India, December 16, 2014: A new partnership set up to help transform the lives of…
Subscribe by Email
Follow Updates Articles from This Blog via Email
No Comments