ACL: ACL Mobile Selling Majority Shares worth 535 Cr (SEK 655 Mn) to Sweden's SINCH

ACL Mobile, a leading communications platform provider is scaling up to achieve global footprint by selling a majority percent of its outstanding shares to Sinch AB (publ) - XSTO: SINCH, in accordance to a definite agreement signed between the two companies. Headquartered in Stockholm, Sweden, Sinch is a trusted provider of cloud communications on mobile platform, with operations across 30 countries worldwide. The deal's total cash considerations amounts to SEK 655 million/Rs 535 crore. With two decades of experience and expertise, ACL Mobile is a Made-in-India, leader of cloud communications services with more than 500 enterprise customers from key sectors [...]