8th May 2017, Stockholm, Sweden, , – Sinch part of CLX Communications AB (publ) – , CLX announces the successful launch of its new cutting edge Video SDK product adding leading, integrated real-time video calling to its portfolio of market leading voice products. The new Video SDK product from Sinch will supply developers with the necessary tools and scalable infrastructure allowing them to meet a rapidly growing demand for cross-platform integration that make in-app video…
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CLX Communications (XSTO:CLX), a leading global provider of cloud-based communications services today announced that it has won the prestigious Company of the Year award at this year’s Swedish Mobile Awards., , Accepted by Henrik Sandell, co-founder, and Pedro Carmo, VP Operator Relations, at the Swedish Mobile Awards ceremony in Malmo, Sweden last night, the Company of the Year award acknowledges Sweden’s best mobile businesses, judging them on their company growth, market share and innovation on the global stage. Previous winners of the Swedish Mobile Awards include iZettle, King, Minecraft, Skype,…
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SAN FRANCISCO, CALIFORNIA AND STOCKHOLM, SWEDEN, February 24, 2017 – Cloud-based communications provider, CLX Communications, and cloud mobile marketing platform, Waterfall , have announced a partnership with Google to provide the next generation of messaging services to brand marketers using Rich Communication Services (RCS) standard embedded directly into consumers’ native messaging apps.…
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Stockholm, Sweden – CLX Communications AB (Publ.) – XSTO: CLX, 21 st February 2017, CLX Communications AB (Publ)(“CLX”), – XSTO:CLX a leading global provider of cloud-based communications services, announces that it has acquired Xura Secure Communications GmbH (“Xura Secure Communications”), a subsidiary of Xura Inc., a leading global provider of digital communications services. Johan Hedberg, President and CEO of CLX, commented: “Our vision is clear; we are planning to grow…
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CLX Communications has been rated as a top innovator in our industry in a new ROCCO report. Find out more here! Originally posted on www.clxcommunications.com
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Stockholm, Sweden - CLX Communications AB (publ.), - XSTO:CLX CLX Communications, a leading global provider of cloud-based communication services, announces that it has completed the acquisition of Sinch AB. The intention to acquire Sinch AB was announced on December 9 2016, when CLX presented a binding offer that was accepted by Sinch AB's owners. "CLX was founded on a vision to become the world's largest and leading player in the market for…, Background and rationale for the acquisition of Sinch, The market for communication between companies' business-critical applications and people (A2P) is growing very strongly, irrespective of whether this uses text messaging, voice-based solutions or the Internet of Things - IOT. Even before its market listing in 2015, CLX had painted a clear picture of how the company envisaged developments in the coming years, and how it would take a leading role…, The transaction, CLX is acquiring Sinch at an , Enterprise Value, totaling SEK 130 million. The purchase price is being paid partly in CLX shares and partly in cash through some of Sinch's debt being settled by CLX. Within the total purchase price CLX has lent SEK 1.5 million to Sinch through a convertible loan, thereby ensuring access to working capital. With support of the authority granted by the annual general meeting of September 7 2015 to issue shares,…, Information about Sinch, Sinch has successfully won and developed numerous global customers. In 2015 Sinch reported sales of SEK 488 million and EBITDA of SEK -15.7 million, with Rebtel services accounting for a large majority of Sinch's revenues. For financial year 2016 it is estimated that Sinch will have sales of approximately SEK 490 million and EBITDA of SEK -27 million. These figures are based on the reported…, Estimated impact on the company's operations, During 2017 it is estimated that the acquisition of Sinch will cost CLX up to approximately SEK 45 - 55 million with regard to integration and restructuring costs. CLX expects the acquisition will have only a limited negative impact on CLX's earnings per share for 2017. CLX also estimates that Sinch will from 2018 contribute positively to CLX's EBITDA and earnings per share., Timetable, Sinch is consolidated as of December 20, 2016, after which the planned integration work begins, which is expected to take approximately 12 months. CLX expects Sinch to be fully integrated at the beginning of 2018. Originally posted on www.clxcommunications.com
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TOKYO, JAPAN — NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT (NYSE: NTT) Group, announced today that its new A2P SMS International Hubbing Service, available immediately, enables enterprises to send Application to Person (A2P) SMS messages for marketing and authentication purposes to mobile subscribers overseas via short,…
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Symsoft (part of CLX Communications) has signed a contract with a European Tier-1 Operator to implement comprehensive SS7 Firewall based protection in six markets. The functionality introduced will help the Operator prevent attacks targeting subscriber privacy and large scale fraud by intelligent blocking and active monitoring of the signaling network. The protection provided is fully aligned…, Vulnerabilities in SS7 networks have been widely discussed following the recent exposure of mobile subscribers to an array of privacy threats including call and message tampering, services being used for free or made completely unavailable. To protect its subscribers and its business, a European Tier-1 Operator will deploy the Symsoft SS7 Firewall in the 6 markets they serve. The Symsoft solution…
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Symsoft, part of CLX Communications AB (publ), has received a Gold rating from renowned Corporate Social Responsibility (CSR) agency EcoVadis for the second consecutive year. This is the highest rating level that EcoVadis confers to companies. The rating covers environmental, social and ethical aspects of Symsoft’s business, and is an important validation of the continuous CSR efforts at Symsoft…, Social Responsibility is becoming increasingly important as governments, organisations and individuals seek to meet the societal and environmental challenges of the 21st century. The telecommunications industry has an important part to play by creating an efficiently interconnected world. The ability to meet without traveling, find and exchange information easily at a low cost and to utilize…
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Virgin Mobile Middle East and Africa (VMMEA) has now surpassed 3.5 million customers, making it the undisputed MVNO leader in the MEA region. As a strategic technical partner, Symsoft is supporting the success of VMMEA via the Symsoft MVNO Platform and its comprehensive services portfolio., Virgin Mobile Middle East and Africa (VMMEA) was the first licensed MVNO to launch in the Middle East region, and today is offering services under the Virgin Mobile and FRiENDi mobile brands across the region, collectively serving more than 3.5 million customers. VMMEA is offering full mobile voice and data services, which are made easy to use for the customers via extensive digitalization, as…
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