Sinch to buy India’s ACL Mobile for $70 million

Swedish mobile voice and messaging firm, Sinch announced the acquisition of Indian ACL Mobile for $70 M. With this acquisition, Sinch can leverage ACL’s connections in the world to expand its end-to-end connectivity without working with a third-party firm. ACL mobile serves 500 enterprise customers and reported $14.2M gross profit in the last FY. It delivered 47B messages on its customers’ behalf. This is Sinch’s fourth acquisition since March. 

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