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Home -> Finance -> Full Story

Sonim Technologies to acquire Synergy Infotech
Monday, June 20 2005 17:46 Hrs (IST) - World Time -

Bangalore: Sonim Technologies, a leader in enabling wireless data networks to deliver high margin Voice Over IP (VoIP) applications, today (Jun 20, 2005) announced it has entered into an agreement to acquire Synergy Infotech Private Limited, a Bangalore-based software development company that provides high-end solutions to global customers.

The acquisition is expected to enable Sonim to quickly expand its newly opened R&D centre in Bangalore with the 'best and brightest' engineering talent to ensure timely delivery of best-of-breed, innovative applications like Push-To-Talk to mobile operators worldwide, a Sonim statement said.

The acquisition cost was not disclosed.

"For the last five years, Sonim and Synergy have been successfully working together to build mobile VoIP solutions and we have decided to strengthen this relationship by bringing the Synergy team into Sonim family," said Bob Plaschke, President and CEO of Sonim Technologies.

"We have seen demand for our VoIP products significantly increase over the last few months and as such we have decided we need to start significantly increasing our engineering capability", he said.

The more than 50 engineers employed by Synergy will join Sonim's R&D Centre here to build next-generation, end-to-end VoIP solutions for mobile networks, it said.

PTI