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Synchronoss Declares $18M Acquisition

October 13, 2008

By Daks, Martin C

Synchronoss Technologies Inc. last week announced it has agreed to pay about $18 million cash for Wisor Telecom, a privately held company based in Frederick, Md.

Bridgewater-based Synchronoss provides on-demand transaction management software for communications service providers, including AT&T’s wireless network.

Wisor provides automationorder software and services. Synchronoss said it expects to close the deal by Sept. 15. – Martin C. Daks

Copyright Journal Publications Inc. Sep 15, 2008

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