Business VoIP Featured Article

Sinch Buys ACL Mobile to Expand into India

June 19, 2020

Stockholm, Sweden-based Sinch, a provider of global cloud communications for mobile customer engagement, has announced it will acquire ACL Mobile Limited.

ACL Mobile, which provides cloud communications services in India and Southeast Asia, also boasts a proprietary Axion platform for intelligent routing that meets the stringent needs of financial institutions.

The deal includes a total cash consideration of INR 5,350 million (which converts to $70,195 USD) and is expected to close in Q3 2020 subject to closing conditions.

With ACL Mobile’s offerings, businesses are able to better interact with their customers by using various channels like SMS, voice, email, IP messaging, and WhatsApp.

Sinch has been focused on growing the company and the move into India will further its strategy to deliver direct end-to-end connectivity to businesses across the globe.

ACL Mobile, which is headquartered in Delhi, currently provides services for over 500 enterprise customers with specific strength in the Banking and Financial Services industries. The company also has offices located in Dubai and Kuala Lumpur.

As the second-largest mobile market in the world, India is a strong target for Sinch. The population in the region exceeds 1.3 billion and is quickly rising in smartphone penetration as well as financial service use via mobile.

"With ACL we gain critical scale in the world's second-largest mobile market. We gain customers, expertise, and technology and we further strengthen our global messaging product for discerning businesses with global needs", said Sinch CEO, Oscar Werner.

The acquisition also provides Sinch with the ability to further reach its global Tier 1 Super Network into the areas of India, Malaysia, and the UAE.

“Together with Sinch, we are scaling up to become one of the leading global players in our industry. I’m excited about this next chapter and the many new opportunities that we can pursue together”, comments Sanjay K Goyal, Founder, and CEO of ACL Mobile.

Edited by Maurice Nagle


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