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home / news releases / KLR - Kaleyra Buys mGage Propels Into The Top 5 CPaaS Players


KLR - Kaleyra Buys mGage Propels Into The Top 5 CPaaS Players

  • An interesting company operating in the high-growth CPaaS market.
  • Covid headwind marred 2020 results but 2021 should be better.
  • Acquired mGage, which will propel it to the No. 5 spot and significantly improve its margin profile, and the acquisition price was surprisingly modest.
  • The merger is likely to bring a host of cross-selling opportunities and lower carrier rates.

For further details see:

Kaleyra Buys mGage, Propels Into The Top 5 CPaaS Players
Stock Information

Company Name: Kaleyra Inc.
Stock Symbol: KLR
Market: NYSE
Website: kaleyra.com

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