Friday, 24 March, 2023

Sinch to buy India’s ACL Mobile for $70 million

<p>Swedish mobile voice and messaging firm, Sinch announced the acquisition of Indian ACL Mobile for $70 M. With this acquisition, Sinch can leverage ACL&rsquo;s connections in the world to expand its end-to-end connectivity without working with a third-party firm. ACL mobile serves 500 enterprise customers and reported $14.2M gross profit in the last FY. It delivered 47B messages on its customers&rsquo; behalf. This is Sinch&rsquo;s fourth acquisition since March.&nbsp;</p>