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Myriad confirms talks over Synchronica

By BFN News | 02:29 PM | Thursday 05 January, 2012


Myriad has confirmed it is holding preliminary talks about a possible offer for with Synchronica. Myriad said the potential acquisition would enhance its position as a global leader in mobile messaging software, serving (on a combined basis) more than 100 mobile operators and over 20 handset manufacturers, while delivering operating efficiencies through significant synergies. Synchronica's complementary technology added to Myriad's existing unrivalled portfolio would provide an additional opportunity for the combined organisation to drive growth. Myriad said there could be no certainty that an offer would be made nor the terms on which any offer might be made. At 2:29pm: (LON:SYNC) share price was +0.01p at 12.63p Story provided by StockMarketWire.com

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