Tofane Global completed the acquisition of Dimoco Messaging.

Tofane Global, a communications solutions group and Ibasis' messaging portfolio subsidiary, completed the acquisition of Dimoco Messaging, an SMS aggregator. Financial terms were not disclosed. “We are very excited to join iBASIS. The company has built a Tier One reputation as preferred partner for global voice and mobile services. We share the same entrepreneurial spirit, business ethics, and customer-centric approach, and are committed to delivering a high level of quality and reliability for messaging worldwide. We are thrilled for our employees and customers as this acquisition opens a new era of possibilities and growth. iBASIS’ expertise and capabilities are undisputed, and we look forward to continuing to respond to the industry’s fast-growing market requirements together,” Cameron Calof, DIMOCO Messaging Managing Director.