Lumine Group Completes Acquisition of Synchronoss Technologies

Reuters

Feb 13

Lumine Group Completes Acquisition of Synchronoss Technologies

Lumine Group has completed its acquisition of Synchronoss Technologies, a global leader in Personal Cloud platforms, in an all-cash deal that values Synchronoss at an implied equity value of approximately $116.4 million and an enterprise value of about $258.4 million. Following the transaction, Synchronoss’s common stock will no longer be listed on the Nasdaq Stock Market. Synchronoss stockholders approved the deal at a special meeting held on February 12, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Synchronoss Technologies Inc. published the original content used to generate this news brief on February 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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