LINK Mobility to acquire Soprano Design for $435m.

LINK Mobility, a Communication-Platform-as-a-Service provider, agreed to acquire Soprano Design, a global CPaaS provider, for $435m. "With this acquisition, LINK will become a global CPaaS player with broader market positions, products, and organizations. Since the IPO in October last year, we have already added more than NOK 1bn in annual revenue and improved group margins, and whilst Soprano will add significant growth opportunities, we continue to see near term opportunities in our highly fragmented market that may further position LINK as a global leader within CPaaS," Guillaume Van Gaver, LINK CEO.