Synchronoss Technologies (SNCR) Tops Q4 EPS by 10c

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Go back to Synchronoss Technologies (SNCR) Tops Q4 EPS by 10c

Baird Upgrades Synchronoss Technologies (SNCR) to Neutral

February 6, 2015 7:23 AM EST

Baird upgraded Synchronoss Technologies (NASDAQ: SNCR) from Underperform to Neutral with a price target of $42 (unchanged).

For an analyst ratings summary and ratings history on Synchronoss Technologies click here. For more ratings news on Synchronoss Technologies click here.

Shares of Synchronoss Technologies closed at $43.82 yesterday.

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Synchronoss Technologies (SNCR) to Acquire F-Secure Corp. in $60M Cash Deal

February 4, 2015 6:23 AM EST

Synchronoss Technologies (NASDAQ: SNCR) announced that it has entered into an agreement to acquire personal cloud assets from F-Secure Corporation. With this acquisition, and combined with Synchronoss current global footprint, Synchronoss will now service over 75 Mobile Operators, including nine Tier One Global Providers. These Mobile Operators will offer Synchronoss direct access to over 3.5 Billion subscribers around the world for its personal cloud platform.

In consideration for the acquisition, Synchronoss will pay approximately $60 million USD in cash to F-Secure and the deal is expected to close by the end of the first quarter... More