British mobile messaging technology firm Synchronica announced on Wednesday that it has reached an agreement with Nokia to acquire the mobile maker’s Operator Branded Messaging business, a unit provides e-mail, instant messaging and other software for cellular carriers. The deal is expected to be closed in the third quarter.
Under the deal, Synchronica will take over 10 operator contracts, including deals with four major U.S. carriers as well as Rogers and Telus in Canada.And it will also get a number of Nokia patents. The technology firm promised to continue providing e-mail and other services for Nokia’s Series 40 phones.
"This acquisition marks a key milestone for Synchronica as we move closer to our goal of becoming the leading global player for next-generation mobile messaging," said Carsten Brinkschulte, Synchronica’s CEO. "Nokia’s successful and highly-complementary Operator Branded Messaging business will at a stroke transform Synchronica’s scale, profitability and geographic scope."