Lumine Group to acquire Synchronoss Technologies for $258.4m.

Lumine Group, a Canadian acquirer of communications and media software businesses, agreed to acquire Synchronoss Technologies, a US‑based provider of personal cloud platforms, for $258.4m. “We are thrilled to join forces with Lumine Group in this transformative partnership. After three years of collaboration and witnessing firsthand how our former businesses have flourished under Lumine Group's stewardship, we believe this to be the logical and correct home for our business," Jeff Miller, Synchronoss CEO.