After more than $140m of funding in 12 years, FusionOne sells to Nasdaq-listed software peer Synchronoss Technologies.
Synchronoss Technologies, a Nasdaq-listed software company for telecom operators, has agreed to buy venture-backed peer FusionOne for about half the money that was invested over the past 12 years.
Synchronoss will pay $32m in cash and $8m in its shares initially and $35m if targets are reached in the next year. FusionOne raised more than $140m from corporate venturers, including Nokia, 3Com and Hewlett-Packard, as well as investment banks and venture capital funds.
FusionOne launched in 1998 and gained $10m…
