Wednesday, February 15, 2012

Detail revealed of Syniverse buy of WSI - Silicon Valley / San Jose Business Journal:

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million in common stoc k to of Boca Raton and five memberw of the company in its May 13 acquisitionn ofthe company. Syniverse (NYSE: SVR) released details of the transactiohn tothe Friday. The amount was basedr on the May 15 valueof 200,000 commo stock shares of Syniverse, which were part of the The WSI acquisition was lauded as one that wouldf extend Syniverse’s relationships with a numbee of existing customers while bringing in new relationshipsz with several operators across the Americas, according to a WSI was a roaminbg hub provider certified by the .
WSI was founded in 1984 and has 20 employeez in office inBoca Raton, London and Hong Martin Guilfoyle founded the company and wouldd later become its chief technology officer. Adam Crane was the chiegf executive officer. Syniverse shares closedc at $13.55 on May 15 and most recentlu closedat $14.95 May 29. Syniversew shares have traded between $6.80 and $22.0 1 over the past year.

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