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Lumine Group completes acquisition of Synchronoss Technologies
Yahoo Finance· 2026-02-14 14:05
Core Viewpoint - Constellation Software's Lumine Group has successfully acquired Synchronoss Technologies, a company with over twenty years of experience serving global operators [1] Group 1 - The acquisition was completed through a wholly-owned subsidiary of Lumine Group [1] - Synchronoss Technologies has a long-standing presence in the market, having served global operators for more than two decades [1]
Synchronoss acquired by Lumine Group
Proactiveinvestors NA· 2026-02-13 15:11
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Lumine Group Completes Acquisition of Synchronoss Technologies
Globenewswire· 2026-02-13 14:00
Core Insights - Lumine Group has completed the acquisition of Synchronoss Technologies, enhancing its portfolio in the communications and media software sector [1][2]. Company Overview - Lumine Group focuses on acquiring, strengthening, and growing vertical market software businesses within the Communications and Media industry [4]. - Synchronoss Technologies, established in 2000, has transitioned from service activation solutions to offering personal cloud services for Tier 1 operators [2][5]. - Synchronoss' cloud-first transformation has aligned its long-term strategy with the needs of global communications service providers [2]. Strategic Implications - The acquisition of Synchronoss is expected to bolster Lumine Group's capabilities in providing secure and meaningful connections for service providers and their subscribers [5]. - Synchronoss' SaaS Cloud platform aims to simplify onboarding processes and enhance subscriber engagement, potentially leading to increased revenue streams and reduced expenses for clients [5].
Lumine Group Completes Acquisition of Synchronoss Technologies
Globenewswire· 2026-02-13 14:00
BRIDGEWATER, N.J., Feb. 13, 2026 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (Nasdaq: SNCR) (“Synchronoss” or the “Company”), a global leader and innovator in Personal Cloud platforms, today announced the completion of its acquisition by Lumine Group Inc. (“Lumine Group”), a global buy-and-hold forever acquirer of communications and media software businesses, through one of its wholly-owned subsidiaries in an all-cash transaction that values the Company at an implied equity value of approximately $11 ...
Synchronoss Technologies Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Synchronoss Technologies, Inc. - SNCR
Prnewswire· 2026-01-07 19:47
Core Viewpoint - The proposed sale of Synchronoss Technologies, Inc. to Lumine Group Inc. is under investigation to assess whether the offered price of $9.00 per share adequately reflects the company's value and the process leading to this valuation [1]. Group 1 - Synchronoss Technologies shareholders will receive $9.00 in cash for each share they own, subject to adjustments for transaction expenses [1]. - Kahn Swick & Foti, LLC is investigating the adequacy of the proposed transaction and whether it undervalues Synchronoss Technologies [1]. - The investigation is led by former Louisiana Attorney General Charles C. Foti, Jr. and aims to determine the fairness of the sale process [1].
Synchronoss 在 CES 2026 展示扩展个人云平台、强调 Capsyl 发展势头并发布全新产品预览
Globenewswire· 2026-01-07 05:55
Core Insights - Synchronoss Technologies announced the expansion of its white-label Synchronoss Personal Cloud platform at CES 2026, focusing on enhancing features for operators and consumers [1][2] - The company highlighted the growth of its managed personal cloud solution, Capsyl, which is designed for quick deployment by service providers and consumer brands [3] - A new activity-driven group experience application was previewed, aimed at creating cloud spaces for specific events, allowing users to easily contribute and access related content [4] Group 1: Platform Enhancements - The upgraded Synchronoss Personal Cloud platform aims to provide secure, scalable, and differentiated cloud services, enhancing core content management, cross-device backup synchronization, and cloud intelligence features [2] - Privacy and security controls have been strengthened, including features like locked folders for sensitive content and refined access and sharing permissions [2] Group 2: Capsyl Development and Market Expansion - Capsyl has surpassed its initial mobile business scope, expanding to support more access types and consumer protection applications, including fixed broadband access and integrated security features [3] - The expansion reflects the growing market demand for integrated cloud services that combine high-end features, localization, and rapid time-to-market capabilities [3] Group 3: New Application Preview - The new cloud-based application focuses on event and group experiences, creating dedicated cloud spaces for specific events to gather photos, videos, and related content [4] - The company is exploring direct-to-consumer application models and potential distribution or integration through strategic partnerships [4] - Synchronoss aims to enhance the way people capture, organize, and remember life experiences while maintaining strong security and privacy controls [4]
Synchronoss Technologies unveils platform updates, Capsyl expansion at CES 2026
Proactiveinvestors NA· 2026-01-06 14:28
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Synchronoss Showcases Expanded Personal Cloud Platform, Capsyl Momentum, and Previews New Offering at CES 2026
Globenewswire· 2026-01-06 13:00
Core Insights - Synchronoss Technologies, Inc. announced expanded capabilities for its white-label Synchronoss Personal Cloud platform at CES 2026, emphasizing its innovation in personal cloud solutions [1] Group 1: Expanded Platform Capabilities - The updated Synchronoss Personal Cloud platform features enhancements in content management, cross-device backup and sync, and cloud intelligence, along with improved privacy and security controls such as locked folders and granular access permissions [2] Group 2: Capsyl Momentum and Market Expansion - Capsyl, Synchronoss's hosted personal cloud solution, is gaining traction with its premium features and minimal operational complexity, now expanding to support fixed broadband and integrated security capabilities [3][4] Group 3: New Event-Based Group Experience App - A new cloud-powered concept for event-specific group experiences is being previewed, allowing users to gather and share content related to events in a secure environment [5][6] Group 4: Company Vision and Strategy - The company aims to enhance its cloud platform's security and intelligence while focusing on delivering meaningful services to partners and customers, as stated by the CEO Jeff Miller [7]
Halper Sadeh LLC Encourages DHIL, CTGO, SNCR, CFLT Shareholders to Contact the Firm to Discuss Their Rights
Globenewswire· 2025-12-16 14:46
Core Viewpoint - Halper Sadeh LLC is investigating several companies for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to recent transactions involving these companies [1][2][3][4]. Group 1: Company Transactions - Diamond Hill Investment Group, Inc. (NASDAQ: DHIL) is being sold to First Eagle Investments for $175.00 per share [1]. - Contango ORE, Inc. (NYSE American: CTGO) is merging with Dolly Varden Silver Corporation, with Contango shareholders expected to own approximately 50% of the combined entity [2]. - Synchronoss Technologies, Inc. (NASDAQ: SNCR) is being sold to Lumine Group Inc. for $9.00 per share, subject to adjustments for transaction expenses [3]. - Confluent, Inc. (NASDAQ: CFLT) is being sold to IBM for $31.00 per share [3]. Group 2: Legal Rights and Options - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders [4]. - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [5].
Synchronoss (SNCR) Just Reclaimed the 200-Day Moving Average
ZACKS· 2025-12-05 15:31
Core Viewpoint - Synchronoss (SNCR) is showing potential for investment due to its recent technical indicators and positive earnings revisions [1][2][3] Technical Analysis - SNCR has recently reached a key support level and has surpassed the 200-day moving average, indicating a long-term bullish trend [1] - The 200-day simple moving average serves as a significant indicator for determining overall market trends and can act as a support or resistance level [1] Performance Metrics - Over the past four weeks, SNCR has experienced a rally of 74.2%, suggesting strong momentum [2] - The company currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook but potential for upward movement [2] Earnings Estimates - There have been no downward revisions in earnings estimates for the current fiscal year in the past two months, with one upward revision noted [2] - The consensus earnings estimate for SNCR has also increased, reinforcing the bullish outlook [2] Investment Outlook - Given the technical indicators and positive earnings revisions, investors may want to monitor SNCR for potential gains in the near future [3]