Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

BICS Acquires 3m Digital Networks for an Undisclosed Amount

BICS Acquires 3m Digital Networks for an Undisclosed Amount

This acquisition will add to BICS' Cloud Communications portfolio to serve fast growing global digital needs

BICS has announced that it has initiated the acquisition of 3m Digital Networks for an undisclosed amount. This acquisition will help accelerate the BICS Group strategy to become a communications platform company.

The move will also help improve BICS' value proposition towards both the telecommunications and enterprise markets. This acquisition will also add a wide range of cloud-native communications solutions to BICS’ portfolio, including AI-enabled voice, multi-channel messaging (WhatsApp, verification services, IP messaging, and Rich Communications Services) and advanced analytics services.

3m Digital Networks serves over 500 customers and carries more than three billion messages each year. “This acquisition fast-tracks BICS’ vision to become an integrated communications platform company, combining our global reach with software-based applications for a seamless user experience. With these new capabilities, we can offer our customers a broader set of tools to quickly and more effectively engage their customers through the power of digital communications,” explained Matteo Gatta, BICS Group CEO.

Joining BICS group will also help 3m Digital Networks develop new use cases that will help it seize new growth opportunities as companies look to accelerate their transformation strategies. 


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...