Syniverse acquires MACH for €550 million
Syniverse has announced it has completed its acquisition of MACH for approximately €550 million.
The combined company will now serve over 1500 mobile service providers, enterprises, ISPs and app providers in approximately 200 countries, and offer a range of solutions for Syniverse’s customers. Syniverse will now also have access to roaming, messaging, network and fraud solutions, as the company bids to simplify the complexities of mobile communications.
“Unprecedented bandwidth demands alongside mounting business and technical complexities are resulting in significant challenges and opportunities for today’s mobile service providers,” said Jeff Gordon, president and CEO at Syniverse. “The acquisition ensures we have the flexibility to develop advanced solutions that enable mobile service providers to deliver the anywhere, anytime, any-app experiences mobile end users have come to expect.”
Former MACH CEO Morten Brøgger has been appointed as Syniverse’s chief sales officer, and will be responsible for leading the company’s global sales organisation.
“In addition to rich experience and expertise in mobile solutions, Syniverse and MACH have shared an unwavering focus on customer satisfaction,” Brøgger said. “A key component is helping our customers to deliver seamless, ubiquitous access to advanced services by interconnecting the various network types and service providers that exist today.