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NewsUC&C18 Feb 2021 · 1 min read

Sinch acquires Inteliquent for $1.14bn

Sinch has bolstered its presence in the US market through the $1.14bn acquisition of Inteliquent.

Sinch acquires Inteliquent for 1.14bn

Sinch has bolstered its presence in the US market through the $1.14bn acquisition of Inteliquent.

The deal is the Swedish firm’s fifth in the last year and also gives it a stronger foothold in the Latin America and India markets.

Oscar Werner, Sinch CEO, said: “Becoming a leader in the US voice market is key to establish Sinch as the leading global cloud communications platform.

“Inteliquent serves the largest and most demanding voice customers in America with superior quality backed by a fully owned network across the entire US.

“Our joint strengths in voice and messaging provide a unique position to grow our business and power a superior customer experience for our customers”

Inteliquent is a voice communications specialist and counts every major US network carrier among its customer base. Its offering spreads across cloud communications, collaboration, unified communications and contact centre.

Earlier this year the firm said that it had reached one hundred million phone numbers in service in the North American market.

Sinch said the acquisition broadens its CPaaS offering and gives it “the leadership position” in the US voice space.

Ed O’Hara, CEO at Inteliquent, said: “We’re excited about the tremendous opportunities this combination unlocks, expanding the services we can provide to our customers.

“Combining our leading voice offering with Sinch’s global messaging capabilities truly positions us for leadership in the rapidly developing market for cloud communications.”

The acquisition is Sinch’s first since it announced a deal for India-based ACL in June.

Prior to that, it had revealed takeovers of SAP Digital Interconnect and MyElefant.

 

 

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