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Synchronoss Technologies Acquired by Lumine Group

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Synchronoss Technologies Acquired by Lumine Group

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Synchronoss Technologies ( (SNCR) ) has shared an update.

On December 3, 2025, Synchronoss Technologies announced its acquisition by Lumine Group through an all-cash transaction valued at approximately $116.4 million in equity and $258.4 million in enterprise value. This merger, approved by Synchronoss’ Board of Directors, will see the company become a privately held entity, with shareholders receiving $9.00 per share, a 70% premium over the prior trading day’s closing price. The acquisition is expected to close in the first half of 2026, pending shareholder and regulatory approvals. This strategic move is anticipated to enhance Synchronoss’ market position, accelerate growth, and expand its capabilities within the mobile cloud storage solutions sector.

The most recent analyst rating on (SNCR) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Synchronoss Technologies stock, see the SNCR Stock Forecast page.

Spark’s Take on SNCR Stock

According to Spark, TipRanks’ AI Analyst, SNCR is a Neutral.

The overall stock score reflects significant challenges in financial performance and valuation, with declining revenue and negative profitability metrics. Technical analysis indicates bearish trends, while the earnings call provides some optimism with strong profitability and strategic initiatives. However, growth challenges and reduced guidance weigh heavily on the score.

To see Spark’s full report on SNCR stock, click here.

More about Synchronoss Technologies

Synchronoss Technologies, Inc. is a global leader in personal Cloud solutions, providing service providers with a SaaS Cloud platform that enhances subscriber engagement, simplifies onboarding processes, and generates additional revenue streams. The company is known for its secure connections and digital content protection, serving millions of subscribers worldwide.

Average Trading Volume: 92,118

Technical Sentiment Signal: Sell

Current Market Cap: $57.42M

Learn more about SNCR stock on TipRanks’ Stock Analysis page.

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