SDI provides cloud-based communications products. Together, Sinch and SDI focus on digital transformation, creating world-class customer experiences and ensuring the highest possible quality of service.
Sinch has a scalable platform for messaging, voice and video. Sinch will acquire all assets and intellectual property of SDI. The purchase price is €225 million free of cash and liabilities.
SDI goes "the last mile" to connect businesses, software solutions, customers, employees and IoT endpoints. With the acquisition, Sinch strengthens its customer intimacy and business operations, as well as its product and engineering resources in the United States.
"SAP Digital Interconnect is a leader in its field, demonstrating profitable growth and reaching 99 percent of the world's mobile subscribers. Looking at Sinch's innovation and investment strategy in cloud communications platforms, we welcome the company as the new owner of SDI. Sinch is ideally positioned to leverage further growth potential that we see in SDI"
says Thomas Saueressig, member of the SAP Executive Board responsible for SAP Product Engineering.