Site logo

Sinch acquires MessageMedia

Share This Post

Sinch AB (publ) has entered into a definitive agreement to acquire MessageMedia. Sinch will pay a total enterprise value of USD 1.3 billion, with a total cash consideration of USD 1.1 billion and 1,128,487 new shares in Sinch. Using yesterday’s USD/SEK exchange rate of 8.27, this corresponds to an enterprise value of SEK 10,745 million.

“Addressing small and medium-sized businesses opens up a new avenue to growth and dramatically expands our addressable market. With MessageMedia as a part of Sinch, we will have the best team in the industry to capitalize on that opportunity”, comments Oscar Werner, Sinch CEO.

Email Expert Blogs

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Business & Finance

ReachMail Acquired by Reel Axis

ReachMail has been acquired by a new ownership group led by Reel Axis. The acquisition aims to enhance ReachMail’s services, focusing on email deliverability, platform