Synchronica Acquires AxisMobile

Synchronica announced it has acquired AxisMobile: AxisMobile was purchased for £2.8 million ($5.1 million), paid mostly in shares of Synchronica. AxisMobile was financially distressed. Synchronica got a good deal. It paid a low price for good technology and removal of an important competitor. In addition, revenues from AxisMobile’s customers should soon pay off the acquisition […]... read more »

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