Home Page : Archive News : December 2012 News : Synchronoss acquires NewBay for $55.5M

Synchronoss acquires NewBay for $55.5M

December 28, 2012

BRIDGEWATER, N.J.-- Mobile services company Synchronoss Technologies Inc. said Thursday that it bought NewBay from Research In Motion Ltd. for $55.5 million to expand its cloud-based services. Synchronoss expects the acquisition will be neutral to slightly accretive, on an adjusted basis, to its 2013 fiscal year results.

Source: http://www.cnbc.com/id/100342199
 
Related Updates