Demonstrates Union Square Advisors’ continued strength in providing strategic advice to financial sponsors and industry-leading enterprise software companies in domestic and cross-border transactions
On February 22, 2017, Axway (Euronext AXW.PA), announced the acquisition of Syncplicity, a leading enterprise file sync and share (EFSS) solution that provides tools for secure collaboration, from Skyview Capital. Skyview Capital acquired Syncplicity from EMC Corporation in 2015.
Under Skyview Capital’s ownership, Syncplicity emerged as the leader of the hybrid enterprise file sync and share (EFSS) market. In 2016 the company successfully secured and deployed a number of key large accounts highlighted by the largest EFSS deployment in the world with Siemens AG for 350,000 employees. Syncplicity’s solutions are deployed in a wide range of industries including retail, manufacturing, financial services, higher education, and health sciences. In 2016, Syncplicity was positioned as a leader in the Forrester Wave™ EFSS Platforms, Hybrid Solutions, Q2 2016. Syncplicity is also positioned as a visionary in the Gartner Magic Quadrant for EFSS. With the acquisition of Syncplicity, Axway will be able to further enhance the Axway AMPLIFY™ platform to transform the way modern enterprises collaborate and innovate across digital ecosystems and further heighten engagement with customers, employees and partners.
Syncplicity is the leading hybrid enterprise file sync and share and mobile collaboration solution that provides users with the experience and tools they desire and gives IT the security and control it needs, while significantly reducing infrastructure cost. Some of its customers include Siemens AG, Texas A&M University, EMC Corporation, State of Indiana, the Associated Press and the Boston Red Sox. To learn more about Syncplicity, visit www.syncplicity.com.
Axway (Euronext: AXW.PA) is a catalyst for transformation. With Axway AMPLIFY™, Axway’s cloud-enabled data integration and engagement platform, leading brands better anticipate, adapt and scale to meet ever changing customer expectations. Its unified, API-first approach connects data from anywhere, fuels millions of apps and delivers real-time analytics to build customer experience networks. From idea to execution, Axway helps make the future possible for more than 11,000 organizations in 100 countries. To learn more about Axway, visit www.axway.com.
About Union Square Advisors
Union Square Advisors is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution as well as agented private capital financing services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, private equity and venture capital firms across the technology landscape with a primary focus on Software, Software-Enabled Services, IT Infrastructure and Internet/Digital Media/Marketing Technology. Since inception, Union Square Advisors has advised on over 80 transactions, valued in excess of $90 billion. For more information, please visit www.usadvisors.com.