Cloud Communications Firm Sinch Acquires Inteliquent for $1.14B

Cloud Communications Firm Sinch Acquires Inteliquent for _1.14B

A Stockholm-based cloud communications provider, Sinch is acquiring the US-based voice communications provider Inteliquent for $1.14 billion. The major acquisition provides Sinch a more powerful foothold in the US and puts it in a better position to battle against Twilio.

Oscar Werner, Sinch CEO, said in a statement that becoming a leader in the US voice industry is essential to establish Sinch as the foremost global cloud communications provider. Furthermore, the joint leadership in voice and messaging will give a unique position to boost their business and power a world-class customer experience for their customers.

To Read More: ZDNet

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