Myriad Group announces it has reached the required shareholder approvals to acquire UK-based Synchronica.
Myriad has been in discussions with Synchronica since early November and announced the terms of its offer on January.
“This deal will create a powerhouse in the rapidly growing sector of mobile-social convergence,” said Simon Wilkinson, CEO of Myriad. “It will establish a global service organization serving over 100 carriers and 25 OEMs around the world. At a stroke, it increases the addressable base for our award-winning product portfolios to over 1.8 billion subscribers with pre-installation of our products in over 100 million new devices each year.”
The two businesses currently serve customers including: ATT, Verizon, Vodafone, Telefónica, Orange, T-Mobile, América Móvil, NTT Docomo, MTS, Softbank, Megafon, Telcel, TIM, Airtel and Claro.