Tata Communications expands global reach with $100m acquisition of Kaleyra

Tata Communications expands global reach with $100m acquisition of Kaleyra

Tata Communications, an Indian digital ecosystem provider, has agreed to acquire New York Stock Exchange (NYSE) listed Kaleyra, in a cash-only transaction valued at approximately $100 million. Shareholders of Kaleyra will be offered $7.25 per share in cash by Tata Communications as per the terms of the deal. The agreement includes the assumption of all […]