CLX Communications Acquires mBlox for Undisclosed Sum
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c60ba089-f641-4030-a196-781d69018ae1 - Date
5/23/2016 - Company Name
mBlox - Mailing Address
430 N. Mary Ave. Sunnyvale, CA 94085 USA - Company Description
Specializing in the commercial and technical complexities of mobile payment and message transmission, mBlox is in the business of connecting companies with customers. - Website
http://www.mblox.com - Transaction Type
M&A - Transaction Amount
Undisclosed - Transaction Round
- Proceeds Purposes
- M&A Terms
The acquisition will allow CLX to strengthen its position as a global leader in enterprise cloud communications adding Mblox’ strong position in the US, UK and Australia to its position in Europe. Financial terms of the transaction were not disclosed.
