Myriad has facilitated the creation of what’s being billed as the biggest mobile social messaging business in the world.
On Monday it was announced that Myriad Group has reached the required shareholder approvals to acquire UK-based Synchronica.
“This deal will create a powerhouse in the rapidly growing sector of mobile-social convergence,” said Simon Wilkinson, CEO of Myriad. “It will establish a global service organization serving over 100 Carriers and 25 OEMs around the world. At a stroke, it increases the addressable base for our award-winning product portfolios to over 1.8 billion subscribers with pre-installation of our products in over 100 million new devices each year.”
According to published reports today, the two parties have been actively discussing the merger for six months.
Presently, both businesses already serve such large customers as ATT, Verizon, Vodafone, Telefónica, Orange, T-Mobile, América Móvil, NTT Docomo, MTS, Softbank, Megafon, Telcel, TIM, Airtel and Claro.
“I would like to thank our shareholders for their support and collective efforts of Myriad’s staff and its advisers during this process,” Wilkinson concluded. “We look forward to working closely with the Synchronica team as they become part of the Myriad Group.”