Synchronica
Berlin, Germany (Synchronica) | |
Defunct | 2012 |
---|---|
Headquarters | Royal Tunbridge Wells, England |
Website | www.synchronica.com |
Synchronica plc was a public listed software vendor which developed and marketed mobile messaging solutions for mobile network operators and
Synchronica was one of the industry's principal users of open industry standards, and their products supported the relevant standards developed by the
On 16 April 2012, Synchronica was acquired by Switzerland's Myriad Group, in an all-share deal which valued the company at £23.9 million (around US$38 million).[2] Myriad delisted Synchronica from the London Stock Exchange and the Toronto Stock Exchange during Mid-May 2012.[3][4]
History
Synchronica Software GmbH was founded in 2004, specializing in open industry standards-based synchronization and device management solutions for the mobile industry.[citation needed]
In March 2005, Synchronica was acquired by AIM listed infrastructure consultancy DAT Group, headquartered in the village of Bodiam in East Sussex. Later that year, the newly created group company underwent a management restructuring and rebranding to Synchronica plc.[5]
In April 2006, Synchronica moved headquarters from Bodiam to the historic town of Royal Tunbridge Wells in Kent.
In September 2011, the founder and CEO of the company, Carsten Brinkschulte, resigned from his position citing disagreements with the other board members regarding future strategy.[6]
At the time of the acquisition of Synchronica by Myriad, it emerged that the CFO, Angus Dent had acquired 800,000 shares in the company after the initial approach by Myriad - generating a profit of £48,000 following the sale. This transaction was investigated by the FSA under the insider trading regulations.[7]
Acquisitions
Synchronica engaged in several strategic acquisitions in an effort to bolster its competitive position in the fiercely contested mobile messaging market.[citation needed]
In November 2007, Synchronica acquired the assets and intellectual property of the US-based mobile email specialist GoodServer whose email enablement and integration technology was already a key part of Synchronica's Mobile Gateway product.[8]
Another key deal, which was completed in September 2008, was the acquisition of AxisMobile Limited. AxisMobile Limited was the operating subsidiary of Synchronica's competitor, AxisMobile plc. AxisMobile developed a number of email technologies suitable for the consumer mass-market, and this intellectual property is now fully owned by Synchronica, who have integrated it into their Mobile Gateway product.[9]
In March 2010, Synchronica acquired the
In February 2011, Synchronica acquired the assets of instant messaging vendor
References
- ^ Synchronica Wins Siemens Deal - the World's First SyncML Firmware Update
- ^ Myriad buys Synchronica
- ^ Synchronica plc plans to delist from AIM
- ^ Synchronica plc delisted from TSX Venture Exchange
- ^ DAT Group Appoints Chief Executive Officer, Restructures Management
- ^ "Sychronica shares fall as chief resigns".
- ^ "FSA to look into mobile chief's share dealings".
- ^ Synchronica makes sneaky acquisition
- ^ Synchronica in AxisMobile deal
- ^ Synchronica Completes Acquisition of Colibria's IMPS Instant Messaging Business
- ^ Acquisition of iseemedia Inc.
- ^ Neustar exits mobile IM business with sale to Synchronica
- ^ Synchronica to enter US via Nokia deal