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 |