Synchronoss Expands Personal Cloud Platform Capabilities
Synchronoss Technologies announced expanded capabilities across its white-label Synchronoss Personal Cloud platform at CES 2026 in Las Vegas. The company is also highlighting continued momentum for Capsyl, its turnkey personal cloud solution, and previewing a new event-based digital experience focused on shared moments and group engagement. At CES, Synchronoss is showcasing new enhancements to its white-label Personal Cloud platform designed to help operators and brands deliver secure, scalable, and differentiated cloud services. Updates strengthen core content management, cross-device backup and sync, and cloud intelligence, while introducing enhanced privacy and security controls such as locked folders for sensitive content, granular access and sharing permissions, and integrated document scanning capabilities for securely storing physical documents. Synchronoss is also highlighting continued progress for Capsyl, its hosted and fully managed personal cloud solution designed for rapid deployment by service providers and consumer brands. Capsyl delivers premium personal cloud capabilities out of the box, including cross-device access, curated memories, and AI-powered content tools, with minimal operational complexity.
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Halper Sadeh Investigates Blue Foundry Bancorp and Others for Potential Violations
- Investigation Launched: Halper Sadeh LLC is investigating Blue Foundry Bancorp (NASDAQ:BLFY) regarding its sale to Fulton Financial Corporation for 0.65 shares of Fulton stock per Blue Foundry share, indicating potential violations of shareholder rights.
- Shareholder Rights Protection: The firm is also examining Synchronoss Technologies, Inc. (NASDAQ:SNCR)'s sale to Lumine Group Inc. for $9.00 per share, which may be subject to adjustments for transaction expenses that could affect shareholder interests.
- Potential Compensation Claims: Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief measures to ensure that shareholder rights are upheld in these transactions.
- Legal Consultation Services: The firm offers free consultations, encouraging affected shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to protecting investor interests.
Synchronoss Technologies to be Sold to Lumine Group for $9 per Share
- Transaction Investigation: Former Louisiana Attorney General Charles C. Foti and his law firm are investigating the proposed sale of Synchronoss Technologies to Lumine Group, with a transaction price of $9 per share, which may undervalue the company.
- Shareholder Rights Concern: KSF is assessing the adequacy of the transaction process to ensure shareholders receive fair terms, thereby protecting their legal rights in the sale.
- Legal Consultation Services: KSF offers no-obligation legal consultation services, encouraging shareholders to reach out regarding potential undervaluation of the transaction to ensure they are fully informed of their rights.
- Market Reaction Expectations: The investigation into the transaction could impact market confidence in Synchronoss, especially amid shareholder concerns over the sale price, potentially leading to stock price volatility.
