siris

Under the terms of the agreements, investment funds affiliated with Siris will make an investment in convertible preferred equity of Synchronoss in an amount of USD 185m.

Synchronoss Technologies board of directors said it plans to review and consider Siris's indication of interest and pursue the course of action that it believes is in the best interests of the company and its shareholders.

Under the terms of the new merger agreement between the company and Siris, outstanding shares of common stock of Polycom were exchanged for USD 12.50 per share in cash at the completion of the merger.

McDowell is a technology executive who is currently an executive partner at Siris Capital.

(NASDAQ: PLCM) have approved the company's agreed deal to be acquired by affiliates of US-based private equity firm Siris Capital Group, LLC, the company said on Tuesday.

M2 EQUITYBITES-September 8, 2016-McDowell to Head Content Management Firm Polycom Following Siris Buyout

The Siris merger is subject to customary closing conditions, including receipt of stockholder and regulatory approvals, and is expected to close in 3Q16.

22 August 2019 - Affiliates of New York, US and California, US-based private equity firm Siris Capital Group, LLC, focussed on technology and telecommunications, has agreed to acquire IT managed services provider US TelePacific Holdings Corp.