BICS to Acquire TeleSign

April 25th, 2017 by · Leave a Comment

BICS has thrown its hat into the global M&A ring this morning. The international arm of Belgacom has entered into a definitive agreement to acquire US-based TeleSign Corporation. The company sees the move as expanding its role in the industry from that of a global carrier to an international digital enabler.

TeleSign offers CPaaS, or Communications-Platform-as-a-Service and mobile identity and authentication solutions that enable customers to add real-time communications into their own applications and services without having to roll their own. Among its customers are Tinder and Salesforce, and TeleSign’s revenues are said to be around $100M annually.

BICS is hoping to marry those capabilities with its global network network and its interconnections with other networks worldwide, creating what it describes as “the world’s first end-to-end CPaaS provider”.  BICS will be paying $230M for TeleSign, which will continue to operate independently as a subsidiary of the company.

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: Cloud Computing · Internet Backbones · Mergers and Acquisitions

Discuss this Post

Leave a Comment

You may Log In to post a comment, or fill in the form to post anonymously.

  • Ramblings’ Jobs

    Post a Job - Just $99/30days
  • Event Calendar