CLX Communications Completes Acquisition of Mblox Inc.
CLX Communications AB (publ) (“CLX” or the “Company”) announced on 13 May 2016, that the Company had acquired Mblox Incorporated (“Mblox”). CLX has today gained access to 100 percent of the shares in Mblox and has, following the preliminary purchase price set-off, paid USD 117 million in cash. The acquisition strengthens CLX’s position as a leading provider of cloud-based communication services to enterprises and communication solutions to mobile operators. The acquisition of Mblox provides CLX with a strong footprint in the US, UK and Australian markets and a large number of additional