Lumine Group Completes Acquisition of Synchronoss for Approximately $258.4 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2026
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Synchronoss Technologies (SNCR) announced the completion of its acquisition by Lumine Group (LMGIF), through one of its wholly-owned subsidiaries in an all-cash transaction that values the Company at an implied equity value of approximately $116.4less than and an enterprise value of approximately $258.4M. With the completion of the acquisition, Synchronoss's common stock will cease trading and the Company will no longer be listed on the Nasdaq Stock Market. Synchronoss stockholders voted to approve the transaction at the Company's Special Meeting of Stockholders on February 12, 2026.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
