Reuters: Synchronica boosted by Myriad bid

Published: 4 January 2012

Source: Reuters

CCS Insight was quoted in this article about shares in mobile messaging firm Synchronica jumping further after wireless software maker Myriad confirmed it has made an offer for it to expand offering and clientele.

"Companies such as Myriad and Synchronica ... are consolidating to provide better global reach in the face of a growing number of over-the-top competitors such as Facebook and Whatsapp," said Martin Garner, analyst at CCS Insight.

"There is an opportunity for suppliers serving mobile carriers with messaging systems and services as the carriers fight back against losing messaging revenue to over-the-top players," he said.