CLX Communications Acquires mBlox for Undisclosed Sum

  • Feed Type
  • Date
    5/23/2016
  • Company Name
    mBlox
  • Mailing Address
    430 N. Mary Ave. Sunnyvale, CA 94085 USA
  • Company Description
    Specializing in the commercial and technical complexities of mobile payment and message transmission, mBlox is in the business of connecting companies with customers.
  • Website
    http://www.mblox.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition will allow CLX to strengthen its position as a global leader in enterprise cloud communications adding Mblox’ strong position in the US, UK and Australia to its position in Europe. Financial terms of the transaction were not disclosed.

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