Swedish Firm Sinch to acquire ACL Mobile in $70 Mn deal
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Stockholm-based telecommunications and cloud communications SaaS platform Sinch is all set to enter India after announcing its decision to buy Noida-based ACL Mobile in a $70 Mn cash deal. Sinch CEO Oscar Werner said that with the acquisition the company gets a critical scale in the world’s second-largest mobile market. “We gain customers, expertise, technology and we further strengthen our global messaging product,” he added.