iQmetrix Goes Global With Close of Synchronoss DXP and Activation Solutions Acquisition
Summary
VANCOUVER, British Columbia--(BUSINESS WIRE)--iQmetrix, North America’s leading provider of telecom retail management software, announced that it has closed its acquisition of Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) from Synchronoss Technologies, Inc. (Nasdaq: SNCR)—a global leader in cloud, messaging, and digital products and platforms. Jeff Miller, President and Chief Executive Officer of Synchronoss, said, “The sale of DXP and Activation is part of our strategic plan to create a leaner business model that focuses on our core growth areas for the future. It provides us with operating flexibility to improve our capital structure and to accelerate the development of new product offerings in our key areas such as our cloud portfolio.” iQmetrix’s intelligent retail management software is designed to power sales of connected devices. For 22 years, we’ve been passionate about helping the leading brands in telecom to grow by providing best-in-class software, services, and expertise that enables them to adapt and thrive. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market.
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