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Economic Times : Sweden's Sinch to acquire India's cloud communication player ACL for Rs 535 crore
NEW DELHI: Sinch AB, a provider of cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire ACL Mobile Limited for a total cash consideration of Rs 535 crore. The acquisition will allow Sinch to expand its reach in the region and to leverage ACL’s direct connections to mobile operators in India, Malaysia, and UAE and offer end-to-end connectivity, without unnecessary middlemen. Founded in 2000, ACL Mobile is a provider of cloud communications services in India and Southeast Asia. Its platform enables businesses to interact with their customers through multiple channels including SMS, voice, email, IP messaging, and WhatsApp.