CLX Communications AB (publ): Acquires Vehicle, a Personalized Mobile Video Technology Company, to strengthen its product offering
Stockholm, Sweden - CLX Communications AB (publ.) - XSTO:CLX CLX Communications AB (publ.) ("CLX") - a leading global CPaaS (Communication Platform as a Service) provider, has entered into a definitive agreement to acquire the personalized video and rich media messaging technology company Vehicle Agency LLC ("Vehicle") for a cash consideration of USD 8 million on a cash and debt-free basis. Vehicle's dynamic video messaging platform enables enterprises to make more meaningful and personal one-to-one connections with their customers, directly on their mobile phones. From dynamic text