Sinch AB will acquire SAP Digital Interconnect

Sinch AB, a Swedish cloud computing service provider, is set to acquire SAP Digital Interconnect for $245M.



“The deal significantly strengthens Sinch’s customer facing operations and product and engineering resources in the United States and gives the company a larger presence in the San Francisco Bay area where SAP Digital Interconnect is headquartered”
SAP SE Press Release

Sinch plans on financing the acquisition with a mix of cash and debt. The deal is expected to close in the second half of next year with Sinxh expecting net-cost synergies of almost $12M.

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