Sweden's Sinch buys email delivery platform Pathwire in $1.9 bln deal - NewsBreak
By Alexdemarco in Business
Updated 3 years ago
STOCKHOLM, Sept 30 (Reuters) - Swedish cloud communication services provider Sinch (SINCH.ST) said on Thursday it had agreed to buy cloud-based email delivery platform Pathwire in a cash-and-stock deal worth about $1.9 billion. Sinch will pay the sellers $925 million in cash and 51 million new shares in Sinch. Our...