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Stock impact report

Lumine Group Completes Acquisition of Synchronoss Technologies

Synchronoss Technologies, Inc. (SNCR) 
Last synchronoss technologies, inc. earnings: 3/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: synchronoss.com/company/investor-relations
Company Research Source: GlobeNewswire
BRIDGEWATER, N.J., Feb. 13, 2026 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (Nasdaq: SNCR) (“Synchronoss” or the “Company”), a global leader and innovator in Personal Cloud platforms, today announced the completion of its acquisition by Lumine Group Inc. (“Lumine Group”), a global buy-and-hold forever acquirer of communications and media software businesses, through one of its wholly-owned subsidiaries in an all-cash transaction that values the Company at an implied equity value of approximately $116.4 million and an enterprise value of approximately $258.4 million. With the completion of the acquisition, Synchronoss’s common stock will cease trading and the Company will no longer be listed on the Nasdaq Stock Market. Synchronoss stockholders voted to approve the transaction at the Company’s Special Meeting of Stockholders on February 12, 2026. AdvisorsTD Cowen served as exclusive financial advisor and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP served as Show less Read more
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