Synchronoss Acquired by Lumine Group in $258.4M All-Cash Deal.
ByAinvest
Friday, Feb 13, 2026 4:04 pm ET1min read
SNCR--
Synchronoss Technologies has been acquired by Lumine Group Inc. in an all-cash transaction valuing the company at approximately $116.4 million in equity and $258.4 million in enterprise value. The acquisition completes, and Synchronoss common stock will cease trading on Nasdaq. Lumine Group is a global acquirer of communications and media software businesses, and the acquisition marks a new chapter for Synchronoss as a subsidiary of Lumine Group.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue



Comments
No comments yet