Synchronoss Technologies $821 million acquisition of Intralinks

Overview:

• Mobile customer service software producer Synchronoss Technologies has acquired business software developer Intralinks in an $821 million deal.
• The price tag comes to $13 per Intralinks share.
• Synchronoss is financing the deal with available cash and $900 million of new debt.
• The deal is expected to close in the first quarter of 2017.

Kurt Stumpo - Journalist