Synchronoss Finalizes Agreement with iQmetrix to Divest Digital Experience Platform and Activation Solutions
BRIDGEWATER, N.J., May 11, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc.(“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the successful completion of the sale of its Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) to iQmetrix, a leading provider of telecom retail management software. The divestiture was formally announced on March 8, 2022.
“The sale of DXP and Activation is part of our strategic plan to create a leaner business model that focuses on our core growth areas for the future,” said Jeff Miller, President, and Chief Executive Officer of Synchronoss. “Closing this deal is favorable for Synchronoss’s long-term product focus areas. It provides us with operating flexibility to improve our capital structure and to accelerate the development of new product offerings in our key areas such as our cloud portfolio.”
“As a trusted provider of intelligent retail management software, iQmetrix is the natural acquirer of choice for the Digital Experience Platform and Activation Solutions,” said Ryan Volberg, President and Chief Executive Officer of iQmetrix. “We’re very excited as this supports our plans to be the number one enabler of personal connected devices globally. In such a relentlessly changing industry, this is the next big step of many that we’re excited to take to help us create great experiences in the telecom space.”
The DXP and Activation offerings enable telecom operators and retailers around the globe to create, orchestrate and manage digital experiences across all channels. Following the sale, the Synchronoss digital business portfolio includes its Financial Analytics and spatialSUITE products as well as the iNow Platform.
Synchronoss Technologies (Nasdaq: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com.
Media Relations Contact:
Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
ERYTECH Announces the Availability of the Documents for its Annual General Meeting to be held on June 24, 202224.5.2022 22:05:00 CEST | Press release
ERYTECHAnnounces the Availability of the Documents for its Annual General Meeting to be held on June 24, 2022 Cambridge, MA (U.S.) and Lyon (France), May 24, 2022 – ERYTECH Pharma (Nasdaq& Euronext: ERYP), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating therapeutic drug substances inside red blood cells, today announced the availability of the documents for its Annual General Meeting to be held on Friday, June 24, 2022. ERYTECH’s shareholders are hereby informed of the Annual General Meeting which will be held on June 24, 2022 at 09:00am CEST at the Hôtel Intercontinental Paris – Le Grand, 2 rue Scribe, 75009 Paris (FRANCE). Shareholders may participate in the General Meeting as follows: Attend in person; Voting by mail or by internet on the secure voting platform Votaccess; or Give a proxy to any individual or legal entity of their choice, under the applicable legal and regulatory conditions, or give a proxy to the Chairman of the Shareholde
Data Quality Leaders Unite Around Alation’s ‘Open Data Quality Initiative’24.5.2022 16:50:06 CEST | Press release
Alation 2022.2 includes new framework that drives freedom of choice and flexibility for organisations; delivers quality data to data consumers at point of consumption REDWOOD CITY, Calif., May 24, 2022 (GLOBE NEWSWIRE) -- Alation Inc., the leader in enterprise data intelligence solutions, announced that leading data quality and data observability providers such as Acceldata, Anomalo, Bigeye, Experian, FirstEigen, Lightup, and Soda, and industry partners including Capgemini and Fivetran, have joined Alation in support of its newly launched Alation Open Data Quality Initiative for the Modern Data Stack. The program provides customers with the freedom of choice and flexibility when selecting the best data quality and data observability vendors to fit the needs of their modern, data-driven organisations. The Open Data Quality Initiative was designed to accelerate data governance and access to trusted self-service analytics for the broadest range of data consumers. Data quality is a top pri
PubMatic Launches Connect to Streamline Data Activation on the Sell-Side24.5.2022 16:00:00 CEST | Press release
New Fully Integrated, Omnichannel Addressability Solution Helps Buyers Target Audiences with Any Data Currency NO-HEADQUARTERS/REDWOOD CITY, Calif., May 24, 2022 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced the launch of Connect, a comprehensive and fully integrated platform to enable media buyers to seamlessly connect with their target audiences across the open internet. Connect is one of the only unbiased addressability offerings that combines many of the preferred signal approaches into one platform, including known identity, first- and second-party data, contextual signals, seller-defined audiences, and modeled audiences. The solution enables brands and media buyers to activate a portfolio approach to addressability to improve ad relevance while respecting consumer privacy, well ahead of the ecosystem's transition away from the third-party cookie. Connect builds on the mom
JETEX AND VOLOCOPTER REVOLUTIONIZE URBAN AIR MOBILITY MODEL24.5.2022 15:20:31 CEST | Press release
At EBACE 2022, Jetex and Volocopter sign a milestone strategic partnership agreement to define a safe and sustainable model of urban air mobility (UAM) Dubai, United Arab Emirates, May 24, 2022 (GLOBE NEWSWIRE) -- Jetex, an award-winning leader in private aviation, and Volocopter, a pioneer in the world’s first-ever eVTOL suite of services, enter in a strategic partnership agreement to deploy and operate permanent, economically sustainable, and integrated UAM taxi take-off and landing infrastructure and services for passenger transportation. Recent technological advancements and the need for more affordable, rapid and sustainable travel are driving this trend forward. Both companies aim to launch operations from 2024. Miami, Singapore and Paris are the priority markets where Jetex already established its presence and where sustainable air taxi operations are being mapped for passenger transportation. Jetex and Volocopter are researching most popular routes in these markets to ensure se
Auriant Mining:s delårsrapport för Q1 2022 och online-konferens den 31 maj 202224.5.2022 15:20:21 CEST | Pressemelding
Auriant Mining AB har nöjet att meddela att Bolagets delårsrapport för Q1 2022 kommer att publiceras på tisdagen den 31 maj. Detta kommer att följas av ZOOM-konferens för analytiker och investerare med Danilo Lange (VD), Vladimir Vorushkin (Ekonomichef) and Petr Kustikov (Operativ chef), som kommer att presentera Auriant Mining:s resultat för Q1 2022 samt med en möjlighet att ställa frågor. Evenemanget börjar kl. 13:00 CET (13:00 Stockholm, 14:00 Moskva, 12:00 London). För att delta i ZOOM-konferensen tisdagen den 31 maj, vänligen skicka till e-post firstname.lastname@example.org följande uppgifter: e-post, namn, företagsnamn. Vi kommer att skicka konferens-ID och lösenord via mail. Om du har några frågor kan du skicka dem till e-post: email@example.com För mer information, vänligen kontakta: Danilo Lange, VD Tel: +7 495 109 02 82 E-post: firstname.lastname@example.org Företagsnamn: Auriant Mining AB Kortnamn: AUR ISIN-kod: SE0001337213 Webbplats: www.auriant.com Auriant Mining AB (AUR) är ett svenskt gruvbolag