Tata Communications Acquires Kaleyra

Kaleyra Acquires mGage for $215 Million

February 19, 2021

Cloud & SaaS

Kaleyra, a global cloud communications (CPaaS) provider, agreed to acquire mobile messaging provider mGage from Vivial for approximately $215 million in cash and stock. The deal is intended to scale Kaleyra’s geographic footprint and product capabilities, creating a top-5 global CPaaS platform with a diversified enterprise customer base.

Tata Communications Acquires 51% Stake in Commotion Inc.

December 4, 2025

Cloud & SaaS

Tata Communications has acquired a 51% majority stake in Commotion Inc., an AI-native enterprise SaaS platform that provides omnichannel CX orchestration, voice AI and autonomous digital agents. The deal (cash-only, via a stock purchase agreement) will integrate Commotion’s orchestration engine into Tata Communications’ Kaleyra Customer Interaction Suite to accelerate AI-driven capabilities across its Digital Fabric offerings.

Kaleyra Acquires Bandyer

July 8, 2021

Cloud & SaaS

Kaleyra, Inc. has acquired Bandyer, an Italy-based provider of WebRTC-based audio/video APIs and SDKs, to add programmable video and collaboration capabilities to its omnichannel CPaaS offering. The deal (terms undisclosed) expands Kaleyra’s product suite for industries such as financial services, insurance, healthcare and retail, enabling branded, download-free video interactions.

K1 Investment Management Invests Over $350M in Cyara

January 31, 2022

Cloud & SaaS

Cyara, a provider of automated customer experience (CX) assurance software, has secured more than $350 million in growth investment from K1 Investment Management. The capital will be used to accelerate product innovation, expand into new digital channels, pursue strategic acquisitions, and fund geographic expansion while Peakspan remains a minority shareholder.

Mavenir Acquires Telestax

August 25, 2021

Cloud & SaaS

Mavenir has acquired Telestax Inc., a Communications Platform-as-a-Service (CPaaS) enablement and application provider, to enhance its Mavenir Engage messaging monetization and customer engagement offering. The deal brings Telestax's CPaaS capabilities and Restcomm API-based tooling into Mavenir's cloud-native, omni-channel messaging portfolio to accelerate SaaS delivery and feature velocity for service providers and enterprises.

Telarus Acquires Comtel Communications

June 16, 2021

Telecommunications

Telarus, the largest privately held technology services distributor, has acquired Comtel Communications, a Richmond, Virginia-based telecom master agency. The deal expands Telarus' partner network and resources to support Comtel's subagents, aiming to drive growth, secure partnerships, and improve partner earnings and support.