Synchronoss Technologies

SNCR

Market cap $104M

Synchronoss Technologies Inc (NASDAQ:SNCR, FRA:H6K0) has been acquired by Lumine Group, a subsidiary of Canada's Constellation Software, marking a new chapter for the US-based communications software provider. Lumine Group, which is backed by Constellation Software, completed the purchase of Synchronoss through one of its wholly owned subsidiaries on Friday, the companies said.

TORONTO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) and Lumine Group Inc. (“Lumine Group”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that Lumine Group, through one of its wholly-owned subsidiaries, has completed the purchase of Synchronoss Technologies, Inc. (Nasdaq: SNCR) (“Synchronoss”). Synchronoss, incorporated in 2000, has served global operators for more than twenty years, evolving from its origins in service activation solutions to a modern portfolio anchored by Synchronoss' Tier 1 operator-branded personal cloud services.

Joint Press Release of Constellation Software Inc. and Lumine Group Inc. Joint Press Release of Constellation Software Inc. and Lumine Group Inc.

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 (SNCR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Synchronoss (SNCR) closed at $9 in the latest trading session, marking a +1.69% move from the prior day.

In the closing of the recent trading day, Synchronoss (SNCR) stood at $8.9, denoting a +1.14% move from the preceding trading day.

Synchronoss (SNCR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

NEW YORK and NEW ORLEANS, Jan. 7, 2026 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Synchronoss (SNCR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.