NYSE:TATACOMM.NS

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

Retrieved on: 
Thursday, October 5, 2023

NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).

Key Points: 
  • NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).
  • On 28th June 2023 , Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited.
  • With this, Kaleyra, Inc. and its subsidiaries have now become wholly owned subsidiaries of Tata Communications Limited.
  • This acquisition reflects a global recognition of the leadership of Kaleyra in the CPaaS industry, fruits of hard work of the entire Kalyera team for the last four years and excellent relationship with Tata Communications."

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

Retrieved on: 
Thursday, October 5, 2023

NEW YORK and MUMBAI, India , Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).

Key Points: 
  • NEW YORK and MUMBAI, India , Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).
  • On 28th June 2023 , Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited.
  • With this, Kaleyra, Inc. and its subsidiaries have now become wholly owned subsidiaries of Tata Communications Limited.
  • This acquisition reflects a global recognition of the leadership of Kaleyra in the CPaaS industry, fruits of hard work of the entire Kalyera team for the last four years and excellent relationship with Tata Communications."