Synchronoss Technologies, Inc., a Bridgewater-based global leader and innovator in personal cloud platforms, announced the completion of its acquisition by Lumine Group Inc., a global buy-and-hold forever acquirer of communications and media software businesses.
The acquisition was announced on Dec. 3, 2025. It was made through one of Lumine Group’s wholly owned subsidiaries in an all-cash transaction, valuing the company at an implied equity value of approximately $116.4 million, with an enterprise value of approximately $258.4 million.
With the acquisition completed, Synchronoss’ common stock will cease trading, and the Company will no longer be listed on the Nasdaq Stock Market.
“After three years of collaboration and witnessing firsthand how our former businesses have flourished under Lumine Group’s stewardship, we believe this to be the logical and correct home for our business,” said Jeff Miller, CEO of Synchronoss, in December.
Synchronoss stockholders voted to approve the transaction at the company’s special meeting of stockholders on Feb. 12.
