Route Mobile completed the acquisition of Masivian for $50m.

Route Mobile, a cloud communication platform service provider, completed the acquisition of Masivian, a cloud communication platform service provider catering to enterprises in Latin America, for $50m. "We share Route Mobile’s vision to simplify communications for businesses. With Route Mobile’s deep domain expertise in CPaaS enabled products, coupled with its global scalability, we will be able to offer unique communication experiences that are easy to deploy, convenient to manage, and quick to monetize. We are deeply committed to this vision and this relationship will enable us to further accelerate our already impressive growth trajectory in the LatAm market," Rainer Viertel, Masiv CEO.