CLX acquires 100 per cent of the shares in Mblox Inc. (“Mblox”) for a cash consideration of USD 117 million (corresponding to approximately SEK 954 million) on a cash and debt free basis.

Mblox is one of the largest application-to-person (A2P) mobile messaging providers globally and is one of the pioneers within the SMS industry. Mblox operates, as CLX’s Enterprise division, within the enterprise cloud communications market where Mblox’s main service offering is carrier-based mobile messaging web tools and API’s used for A2P messaging between enterprises and mobile devices. The carrier-based mobile messaging services include both inbound and outbound SMS, enabling interactive two-way mobile communication.

CLX is a leading supplier of cloud-based communication services and solutions to enterprises and mobile network operators, with a strong position within the A2P enterprise messaging market. Mobile communications services from CLX make it possible for enterprises to communicate globally with people and connected devices (Internet of Things, IoT).

Carnegie Investment Bank AB and Handelsbanken Capital Markets are financial advisers to CLX in connection to the transaction.

Gernandt & Danielsson advised CLX with a team consisting of Partners Carl Westerberg (M&A/Capital Markets) and Björn Svensson (Financing), Counsel Rolf Larsson (Competition law) Senior Associates Leo Lee (M&A/Capital Markets) and Henrik Appelqvist (Financing) and Associates Elin Eliasson (Competition law) and Sofia Tångelin (M&A/Capital Markets).