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Business News/ Companies / Software maker Synchronoss to buy Intralinks for $821 million
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Software maker Synchronoss to buy Intralinks for $821 million

Anya George Tharakan

Synchronoss' offer of $13 per share represents a 15.4% premium to Intralinks' Monday close

Synchronoss also said it would divest a portion of its activation business to Sequential Technology International Llc for $146 million.Premium
Synchronoss also said it would divest a portion of its activation business to Sequential Technology International Llc for $146 million.

Bengaluru: Software maker Synchronoss Technologies Inc said on Tuesday it would buy technology provider Intralinks Holdings Inc for $821 million in cash.

Synchronoss’ offer of $13 per share represents a 15.4% premium to Intralinks’ Monday close.

Synchronoss also said it would divest a portion of its activation business to Sequential Technology International Llc for $146 million. Reuters

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Published: 06 Dec 2016, 06:51 PM IST
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