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Wireless

Link Mobility agrees to buy Message Broadcast in cash and shares for EV of USD 260 mln

Friday 18 June 2021 | 12:23 CET | News
Link Mobility has announced a definitive agreement to acquire privately owned Message Broadcast of Newport Beach, CA. The company offers IRA proprietary CPaaS platform EONS (Emergency Outage Notification System) as well as API-driven communication for email, A2P SMS and voice communication. The transaction gives Message Broadcast an enterprise value of USD 260 million, with settlement 74 percent in cash and about 16.76 million new Link shares.

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Categories: Mobile & Wireless
Companies: Link Mobility Group
Countries: United States
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