M&A Strategy

Growth through acquisitions is a key part of the Sinch corporate strategy and an important means to grow shareholder value. The company evaluates opportunities on an ongoing basis, and looks for targets that meet one of these criteria:

  • Improved scale and profitability, where we can extract synergies by migrating acquired messaging traffic onto our own shared platform;
  • Improved reach, where acquired entities add local sales capacity or direct connectivity to important mobile carriers; and/or,
  • Complementary technology, which helps broaden our offering and increase our completeness.
We have made a number of successful acquisitions that have increased our profitability and strengthened our product offering. We see opportunities to make further value-accreditive acquisitions also in the future.
- Oscar Werner, President and CEO

Previous Acquisitions

Click here to view a visual timeline of the acquisitions we have completed

Alternatively, below is a list of acquisitions we have completed, both before and after our IPO in October 2015, when we were trading under the name ‘CLX’.


On December 1, 2009, Sinch predecessor CLX Networks acquired Symsoft, a supplier of software and services to mobile network operators. The acquisition strengthened our technical infrastructure and added valuable relationships with mobile operators.


On February 28, 2014, we acquired the assets of Voltari's messaging business in North America. The acquisition added a skilled workforce, an established customer base and strategically-important operator contracts in the USA and Canada.


On January 8, 2015, we acquired 66.67% of Caleo Technologies. The acquisition added solutions and expertise in the BSS area.


On May 13, 2016, we announced the acquisition of Mblox Inc. for a cash consideration of USD 117 million. At the time, Mblox was one of the largest messaging service providers in the world, delivering 7 billion messages in 2015. The transaction was closed on July 12, 2016.

On December 9, 2016, we announced the acquisition of Sinch AB for an enterprise value of SEK 130 million. Sinch added real-time voice and video products, as well as innovative products for mobile number verification. The transaction was closed on December 21, 2016. We would later use the Sinch name as our main brand, when we rebranded our business under a shared identity in 2019.


On February, 21, 2017, we announced the acquisition of Xura Secure Communications GmbH. The acquisition strengthened our position in Germany, adding critical product capabilities and enhancing our blue-chip customer base. We acquired Xura for USD 15.5 million on a cash and debt-free basis.

On May 9, 2017, we announced the acquisition of global messaging and security services provider Dialogue Group Ltd for GBP 32 million on a cash and debt-free basis. The acquisition increased our scale, expanded our presence in Asia, and contributed the Sentinel product line for fraud detection and revenue assurance in enterprise messaging. The transaction was closed on May 10, 2017.

On July 4, 2017, we acquired the remaining 33.33% of Caleo Technologies.


On March 22, 2018, we announced the acquisition of Unwire Communications ApS for a cash consideration of DKK 148 million on a cash and debt-free basis. The acquisition strengthened our Nordic platform and customer base, making us the largest CPaaS provider in the Nordic region. The transaction was closed on March 27, 2018.

On April 4, 2018, we acquired Vehicle Agency LLC, a Seattle-based company specializing in technology and solutions for personalized video messaging and rich media communications. The initial purchase consideration was USD 8 million on a cash and debt-free basis. In addition, an earnout of USD 4 million was paid in July. The acquisition was financed with cash reserves. Additional earnouts, capped at USD 18 million, may be paid in the future.