Sinch to acquire Wavy Global for £99m.

Sinch, company active in cloud communications for mobile customer engagement, agreed to acquire Wavy, through the two legal entities Movile Internet Movel and Wavy Global Holdings, for a total cash consideration of £99m. "Uniting Sinch and Wavy significantly strengthens our offering in next-generation messaging and expands our presence in Latin America. Our shared vision, greater scale and global outlook makes us uniquely well placed to succeed in the marketplace, innovate with our customers, and grow our business," Oscar Werner, Sinch CEO.