BICS COMPLETES ACQUISITION OF TELESIGN | TeleSign

BICS COMPLETES ACQUISITION OF TELESIGN

Companies to operate independently, with TeleSign a subsidiary of BICS

Brussels, October 31st 2017 – BICS, a global provider of international wholesale connectivity and interoperability services, today announced it has closed the acquisition of TeleSign, following the April 25th announcement of entering a definitive agreement to acquire the US-based CPaaS company for $230M. The closing of the acquisition creates the world’s first end-to-end CPaaS provider, bridging the market leading TeleSign cloud communications platform with one of the largest global carriers in the world.

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CEO Statements

“We are pleased to have brought the TeleSign acquisition to completion and enthusiastic to add TeleSign’s deep pool of talent and expertise to the BICS family. This complementary combination accelerates several of our strategies for growth, including expanding our customer base, regional reach and product innovation. We have also broadened our expertise within the cloud communications development lifecycle, and will build and grow TeleSign’s established strong position in the fast-growing CPaaS and cloud security markets.”

DANIEL KURGAN

CEO of BICS and Chairman of TeleSign

“We’re powering a fundamental change in the way businesses engage their users. Our platform enables developers to add real-time communications and security into their applications without the need for complex backend infrastructure. Now backed by BICS’ extensive global network and its direct reach to over 700 mobile and fixed operators worldwide – TeleSign’s trusted platform is in a class by itself in terms of global reach, network reliability and overall quality of service.”

ALED MILES

CEO of TeleSign

ABOUT BICS

As a leading international communications enabler, BICS is connecting the world by creating reliable and secure mobile experiences anytime, anywhere. We are a global voice carrier and the leading provider of mobile data services worldwide. Our solutions are essential for supporting the modern lifestyle of today’s device-hungry consumer – from global mobile connectivity, seamless roaming experiences, fraud prevention and authentication, to global messaging and the Internet of Things. We are headquartered in Brussels, with a strong presence in Africa, Americas, Asia, Europe and Middle East.

FOR MORE INFORMATION VISIT BICS.COM

ABOUT TELESIGN

TeleSign is a communications platform as a service (CPaaS) company, founded on security. Since 2005, TeleSign has been a trusted partner to 20 of the top 25 global websites and mobile applications, helping secure billions of end-user accounts. Today, TeleSign’s data-driven, cloud communications platform is changing the way businesses engage with customers and prevent fraud.

FOR MORE INFORMATION VISIT TELESIGN.COM

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MEDIA CONTACTS

US (GMT-7)
Zeno (Redwood City, CA)
+ 650-801-7950

telesign@zenogroup.com

Sondra Magness
TeleSign
310.742.8252
smagness@telesign.com

Europe (GMT+2)
Babel PR (London)
+44 020 7434 5550
bics@babelpr.com

Alexandru Filip
BICS
+32 (2) 547.50.21
alexandru.filip@bics.com

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