Route Mobile a cloud communications platform has bought Latin American firm Masivian S.A.S (“Masiv”), a cloud communication platform service provider catering to enterprises in Latin America for $47.5 million. Route Mobile (UK) Limited, a owned subsidiary of Route Mobile Limited (“Route Mobile”), one of the leading cloud communication platform service providers to enterprises, over-the-top (“OTT”) players, and mobile network operators, today signed definitive agreements to acquire Masivian S.A.S (“Masiv”), a cloud communication platform service provider catering to enterprises in Latin America.
Masiv offers multichannel notification services through SMS, OTT business messaging, email, as well as voice, serving clients across Colombia and Peru. This acquisition will help Route Mobile penetrate further into the Colombian markets. A global partner to gain a bigger foothold in the Latin American region and address the international traffic. Subject to the fulfillment of customary terms and conditions of the definitive agreements, the acquisition is expected to be completed within the next few days.