Synchronoss Technologies, Inc. is set to be acquired by Lumine Group Inc. in an all-cash transaction that values Synchronoss at an implied equity value of approximately $116.4 million and an enterprise value of about $258.4 million. Under the agreement, Synchronoss shareholders will receive $9.00 per share in cash, with the price subject to potential adjustments based on certain company transaction expenses. The transaction, which received unanimous approval from Synchronoss's Board of Directors, is expected to close in the first half of 2026, pending shareholder and regulatory approval. Upon completion, Synchronoss will become a privately held company and its common stock will no longer be listed on the Nasdaq Stock Market. The company will continue to be headquartered in Bridgewater, New Jersey. Holders of roughly 21% of Synchronoss's outstanding shares have already agreed to vote in favor of the deal.