Assurant completed the acquisition of HYLA Mobile for $327m.

Assurant, a global provider of lifestyle and housing solutions, completed the acquisition of HYLA Mobile, a provider of smartphone software, from venture capital firms Silver Lake Partners, Kleiner Perkins, RRE Ventures, SJF Ventures, NGEN Partners and OPENAIR Equity Partners for $327m. "We are excited to join Assurant, a global leader in device lifecycle management, with a proven track record and ongoing commitment of innovation to support the evolving needs of its clients and their end consumers. We share the same philosophy of continuously finding ways to make the mobile device experience better for consumers and more efficient for our partners. We look forward to working together to bring more customer-centric innovations to the market, especially as our customers are deploying 5G," Biju Nair, HYLA Mobile President and CEO.