Nishisth Desai Associates represented Synchronoss Technologies in sale of messaging and nettworkx businesses to Lumine Group.
Synchronoss Technologies (“Synchronoss”) recently sold its Messaging and NetworkX businesses to Lumine Group (“Lumine”) (“Transaction”). Synchronoss is a global leader and innovator in cloud, messaging, and digital products and platforms. Lumine is a global buy-and-hold forever acquirer of communications and media software businesses.
Gunderson Dettmer were the lead counsels and Nishith Desai Associates represented Synchronoss in the Transaction from an Indian legal, regulatory and tax perspective.
Deal team comprised Vasavi Kaparthi, Ipsita Agarwalla, Santosh Gangavati, Faiza Khanum and Sach Chabria.