Synchronoss Technologies Inc (NASDAQ:SNCR, FRA:H6K0) has launched Jelly Toast in India, rolling out a new app designed to help groups organise invites and collect photos in one shared space, without requiring guests to download anything. The company said everyday celebrations are increasingly split across multiple platforms, with plans formed in messaging groups, photos shared in DMs, and albums stored in personal photo apps, leaving memories “scattered” and hard to revisit.
Synchronoss Technologies Inc (NASDAQ:SNCR, FRA:H6K0) said Telkomsel is widening its deployment of Capsyl Cloud, as Indonesia's biggest mobile operator looks to extend the storage service from its initial base into premium tiers and prepaid perks. The company said the service has grown steadily since the March 2025 launch, with Telkomsel adding a 50GB cloud storage perk to select plans in June 2025 before rolling out 100GB and 200GB premium tiers in September.
LMGIF is basically a CSU-backed communications/media software roll-up business. Overall, my take here remains unchanged, but the stock is far cheaper today. Synchronoss now brings a sizeable recurring revenue stream, implying a meaningful top-line increase. Naturally, there are still integration risks with LMGIF, but since it's used to acquire companies, I deem this more of a negligible concern.
| Transportation Infrastructure Industry | Industrials Sector | Jeffrey George Miller CEO | NASDAQ (CM) Exchange | 87157B103 CUSIP |
| US Country | 802 Employees | - Last Dividend | 11 Dec 2023 Last Split | 15 Jun 2006 IPO Date |
Synchronoss Technologies, Inc. is a leading provider specializing in cloud, messaging, digital, and network management solutions across the globe, including regions such as the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Established in 2000 and headquartered in Bridgewater, New Jersey, the company aims to enable its customers to backup, protect, engage with, and efficiently manage their personal content. Synchronoss has built its reputation through a combination of innovative platform solutions and comprehensive professional services, catering to both individual subscribers and enterprise clients. Through direct sales and strategic partnerships, Synchronoss continues to expand its market reach and influence in the tech industry.