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New Deal


Announced

Completed

Tata Communications completed the acquisition of Kaleyra for $100m.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Data Centers and Hosting

cloud communications

Single Bidder

Cross Border

Acquisition

Friendly

Public

Italy

Completed

Synopsis

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Tata Communications, a telecommunications company, completed the acquisition of Kaleyra, a communications platform as a service company, for $100m. "In today's hyperconnected world, customer success and loyalty are pivotal to enterprise growth across industries and geographies. We at Tata Communications are committed to revolutionise how businesses engage with customers, leveraging a digital fabric to harness data insights for delivering seamless, secure, smart and impactful customer interactions. We're thrilled to welcome Kaleyra in this journey, as together we pave the way for the future of customer experience!" A.S. Lakshminarayanan, Tata Communications Managing Director and CEO.

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