GEC NEWS WIRECLX Communications has acquired Mblox Incorporated. CLX has gained access to 100 percent of the shares in Mblox and has, following the preliminary purchase price set-off, paid USD 117 million in cash.
The acquisition of Mblox provides CLX with a strong footprint in the US, UK and Australian markets and a large number of additional direct Tier 1 carrier connections. Combined with CLX’s existing business this creates a global portfolio of high-quality communications services for enterprises, operators and developers to communicate globally with people and things (IoT) via simple APIs, including CLX’s SMS API. Furthermore, the merger will allow CLX to offer a new SMB (SaaS) solution to clients, a new customer segment for CLX, while offering new services in the areas of voice and IoT connectivity to existing Mblox customers.
Johan Hedberg, CEO of CLX Communications. “We see strategic acquisitions within the industry as an important growth opportunity for CLX. Mblox provides valuable assets including operator relationships and highly experienced employees, as well as increased traffic volumes that will enable significant economies of scale.”
CLX and Mblox will now merge to become an integral component of the mobile messaging ecosystem servicing global enterprises, including many global internet brands and Communications Platform as a Service ‘CPaaS’ companies, also known as Cloud API providers, with Tier 1 backbone connectivity on which many of their services rely.
