Articles tagged with: Verisign and Syniverse Holdings

VeriSign Sells its Mobile Messaging Division to Syniverse

­verisign has announced that it is to sell its Messaging Business to Syniverse Holdings for cash consideration of US$175 million, subject to working capital adjustments. The business has an annual revenue run-rate of approximately $140 million over the last 12 months, and the transaction is expected to be immediately accretive to Syniverse's cash net income.  more

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