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Cloud technology company makes $26M acquisition

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A Bridgewater-based cloud technology company announced Monday that it has acquired Voxmobili SA, an address book solutions company.

Synchronoss Technologies Inc., which serves mobile carriers around the world, paid approximately $26 million in cash to OnMobile Global Ltd., Voxmobili’s parent, according to a news release.

"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,” Synchronoss founder, Chairman and CEO Stephen Waldis said in the release. “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 company said the deal will help it improve the services it provides to mobile operators, and more than 30 worldwide will use Synchronoss software once the deal is complete and the technology integrated.

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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