CLX Communications (XSTO: CLX), a provider of global cloud-based communication solutions, has acquired the global mobile messaging and security services provider Dialogue Group Ltd (“Dialogue”) for GBP 32m on a cash and debt-free basis, the company said.
The acquisition of Dialogue, which has offices in Sheffield, London, Sydney and Singapore, will help CLX to fast track entry into key markets within the Asia-Pacific region, while adding many additional mobile operators to its Tier One Super Network, which currently exceeds 200 carrier partners.
This deal marks the latest phase in CLX´s strategy to build the largest cloud communications company globally. Dialogue is the company´s fourth acquisition since its IPO in 2015, following Mblox and Sinch in 2016, and Xura Secure Communications earlier this year.
The acquisition will accelerate CLX´s leadership ambitions in the fast-growing Asia-Pacific region building upon its leadership position in Europe and North America. Asia-Pacific is becoming increasingly important as many US-based multinationals seek to expand into emerging markets and look to CLX to provide one true global solution for their Enterprise communications needs.
In addition, CLX will also add Dialogue´s powerful and innovative Sentinel Security Solution to its existing product portfolio, reinforcing its position as a market-leading supplier of fraud and security solutions to mobile operators worldwide.
This solution, when rolled out across operators globally will significantly reduce industry fraud such as global title faking to help operators capture significant revenues and greatly reduce subscriber complaints as the levels of spam and fraud reduce. Sentinel, in combination with CLX´s existing security solutions, will constitute one of the most powerful threat detection and prevention toolboxes in the industry today.
CLX Communications is a global provider of cloud-based communication services and solutions to enterprises and mobile operators. CLX´s mobile communication services enable companies to quickly, securely and cost-effectively communicate globally with customers and connected devices – Internet of Things (IoT).
Dialogue Group is the longest established international A2P SMS messaging company having helped customers since 1994. It has extensive knowledge and experience of all aspects of the A2P market and through its A2P SMART Hub – a unique solution that helps operators filter and control their A2P traffic – the company enables MNOs to successfully monetize their A2P traffic and realize millions of dollars in additional, sustainable revenues.