Infobip Acquires OpenMarket from Amdocs for ~$300M

November 11, 2020

Infobip has entered into a definitive agreement to acquire OpenMarket from Amdocs for approximately $300 million. The deal combines OpenMarket's U.S. mobile messaging scale with Infobip's global footprint, creating a cloud communications player with a combined revenue run-rate above $1 billion and the ability to process more than 14 billion customer interactions per month.

Buyers
Infobip
Targets
OpenMarket
Sellers
Amdocs Inc.
Location
Washington, United States
Transaction Type
Buyout

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