Tata Communications has successfully acquired Kaleyra for approximately $100 million, enhancing its capabilities in the global CPaaS market.

Information on the Target

Kaleyra, Inc. is a leading player in the global Communications Platform as a Service (CPaaS) market, specializing in providing a comprehensive suite of solutions for businesses to engage with their customers through various communication channels. The platform allows enterprises to enable hyper-personalized and intelligent interactions with their clients, enhancing customer experience and satisfaction.

With a robust technology backbone and significant investment in research and development, Kaleyra offers innovative services such as SMS messaging, voice calls, and app notifications, ensuring seamless connectivity and a high level of engagement for its users. This marriage of advanced capabilities positions Kaleyra as a formidable contender in the rapidly evolving CPaaS landscape.

Industry Overview in the Target’s Specific Country

The global CPaaS industry has been experiencing significant growth, driven by the increasing demand for customer engagement solutions and the rapid digital transformation of businesse