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Syniverse Technologies (SVR Quote), a provider of networking services to wireless telecom companies, has acquired Hong Kong's Interactive Technology Holdings in a move aimed at broadening its operations in the Asia-Pacific region.
The deal will be worth as much as $45 million, including performance-based payments of up to $7 million.
"The acquisition of ITHL is an important step in Syniverse's strategic plan for global expansion and product development," said Tony Holcombe, president and CEO of Syniverse. ...
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