Royal Tunbridge Wells, UK. April 29, 2010 – Synchronica plc, the international provider of next-generation mobile messaging services, has announced that all resolutions to acquire Colibria’s IMPS business have been passed, and Synchronica has its shareholders' support to complete the purchase and associated fund-raising.
Synchronica agreed to acquire Colibria's IMPS instant messaging business, reseller agreements, and existing worldwide mobile operator customer base on March 31, allowing Synchronica to accelerate its entry into the fast growing mobile IM (instant messaging) sector and helping to achieve its goal of becoming the leader in next-generation mobile messaging for emerging markets.
Synchronica will continue to develop, market, and support Colibria's open standards-based IM technology as a stand-alone product. The software will also be integrated into Synchronica's Mobile Gateway messaging suite and will be pre-installed on the recently launched MessagePhone, a low cost, messaging-centric handset powered by Mobile Gateway. As part of the transaction, Colibria will transfer 13 carrier contracts to Synchronica including two large carrier groups with an addressable market of more than 300 million subscribers, while also transferring two reseller agreements with a tier one network equipment provider and a leading messaging infrastructure software provider.
David Mason, Chairman of Synchronica plc, comments: "The purchase of Colibria's Instant Messaging software is highly complementary to Synchronica's mobile email and synchronisation suite and gives us increased advantage in the rapidly expanding market for mobile messaging software. Also, the contracts acquired from Colibria give us access to key clients in high growth areas, including Latin America, Africa and CIS. We are fully committed to continued development and support of the Colibria IMPS product and we are looking forward to work with Colibria’s customers and partners to ensure a seamless transition and continuity with equal or improved support and a convincing product roadmap."
Synchronica plc is a developer of next generation mobile messaging solutions based on open industry standards. The award-winning product portfolio includes the flagship product Mobile Gateway, providing push email, synchronisation, IM, backup and restore, and mobile connectivity to social networks. Synchronica's products are white-labelled and offered by mobile operators in emerging and developed markets to provide mass market messaging services, increasing data revenues and reducing churn.
Synchronica Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, ActiveSync, Email to MMS, and Email to SMS, delivering push email and synchronisation to literally any mobile phone currently in the market without requiring an additional client to be downloaded. Expanding instant messaging to mobile devices, Mobile Gateway establishes carrier-branded IM communities, using the industry standard XMPP and provides gateways to popular internet IM communities, connecting any IMPS-enabled handset.
Headquartered in England, Synchronica also maintains a development centre in Germany, in addition to regional presences in the USA, Hong Kong, and Dubai. Synchronica plc is a public company traded on the AIM list of the London Stock Exchange (SYNC.L).
Founded in 2000, Colibria is a global provider of new generation messaging, presence and socially aware network address book solutions. Colibria’s investors areVerdane Capital, Ferd Venture, and Bjørgvin Vekst I AS.