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flag Synchronoss to be acquired by Lumine Group in $116M all-cash deal, valuing company at $9/share.

flag Synchronoss Technologies has agreed to be acquired by Lumine Group in an all-cash deal worth about $116 million, valuing the company at $9 per share—a 70% premium to its prior closing price. flag The transaction, expected to close in early 2026, will take Synchronoss private and give Lumine Group, a Toronto-based software firm, a foothold in cloud software for service providers. flag The deal implies an enterprise value of $258 million and is subject to regulatory approval.

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