itb-au logo
Story image

Mission complete: CLX Communications fully aquires Mblox

CLX communications acquired Mblox in May of this year, but it was only two days ago that it gained access to 100% of the shares it has in the company.

This acquisition is set to provide CLX with a strong footprint in the US, UK and Australian markets.

According to CLX, the company will now have a global portfolio of high-quality communications services for enterprises, operators and developers.

In 2015 Mblox delivered 7 billion messages which CLX say adds a huge amount of SMS traffic to its enterprise division.

“Increasing message volumes will create important synergies that enable future growth for messaging, voice and IoT services. Furthermore, the merger will allow CLX to offer a new SMB (SaaS) solution to clients, a new customer segment for CLX, while offering new services in the areas of voice and IoT connectivity to existing Mblox customers,” a company statement read.

Johan Hedberg, CEO of CLX Communications, says that the acquisition represents a major step forward for CLX.

“We see strategic acquisitions within the industry as an important growth opportunity for CLX. Mblox provides valuable assets including operator relationships and highly experienced employees, as well as increased traffic volumes that will enable significant economies of scale,” says Hedberg.

CLX also point out that the change of its financial year means the current financial year is extended to 31 December 2016. This means the report on 23 August 2016 will change its title to interim report.

The resolution to change the Company’s financial year was registered with the Swedish Companies Registration Office on 8 July 2016.

Link image
Phishing attacks skyrocket as criminals cash in on COVID fears
Attackers are imitating the WHO as part of malicious phishing attacks - is your workforce protected?More
Story image
Goanna Solutions brings AWS re/Start programme to Australia
“We are committed to fostering a more diverse and inclusive technology sector and creating new opportunities for our graduates as they become entry-level cloud practitioners."More
Story image
Unilever chooses Alibaba Cloud solutions to bring marketing game to new heights
“Alibaba Cloud’s solutions have the ability to unlock the customer insights needed, and are set to ensure Unilever continues to succeed and build brand loyalty with its customers amid a constantly evolving and complex marketplace.”More
Link image
How to deploy containerised apps in your cloud infrastructure
Move your business into the future - take advantage of a free consultation to pinpoint how container-based applications can propel your cloud infrastructure to new heights.More
Story image
Closing the cloud skills gap: How certification can maximise cloud investments & keep staff happy
You probably wouldn’t buy an expensive computer program if you didn’t know how to use it. Yet so many organisations invest in costly cloud programs, without having the necessary skills and training on board to make the most of the program.More
Link image
A great ERP tool achieves a lot for your customers & financials
NetSuite’s cloud native SRP is not a project management tool that talks to your finance system. It's end-to-end project management capability for service professionals, integrated with NetSuite's full ERP solution. More