Synchronoss Technologies Acquires Miyowa for $59,000,000

  • Feed Type
  • Date
    1/5/2012
  • Company Name
    Miyowa
  • Mailing Address
    19925 Stevens Creek Boulevard Cupertino, CA 95014
  • Company Description
    Miyowa is the technology solution for these new mobile phone functions, which will make mobile recommendations a reality across IM, presence, advertising, e-commerce and content in the rapidly converging and evolving mobile market.
  • Website
    http://www.miyowa.com
  • Transaction Type
    M&A
  • Transaction Amount
    $59,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The purchase price of the acquisition is approximately $45.5 million in cash. In addition, Synchronoss may pay up to an additional $13.5 million in cash based on Miyowa’s business achieving certain performance targets over the next four quarters.

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