CLX Communications Acquires mBlox for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c60ba089-f641-4030-a196-781d69018ae1
Date
5/23/2016
Company Name
mBlox
Mailing Address
430 N. Mary Ave. Sunnyvale, CA 94085 USA
Company Description
Specializing in the commercial and technical complexities of mobile payment and message transmission, mBlox is in the business of connecting companies with customers.
Website
http://www.mblox.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
The acquisition will allow CLX to strengthen its position as a global leader in enterprise cloud communications adding Mblox’ strong position in the US, UK and Australia to its position in Europe. Financial terms of the transaction were not disclosed.