2024-02-23 09:00:00 ET
Summary
- We first invested in SNCR as part of an underwritten financing in June of 2021.
- Our bullish view for 2024 is centered around a number of catalysts that we believe will improve SNCR.
- We believe this is just the start for SNCR and that 2024 will be a turning point.
The following segment was excerpted from this fund letter.
Synchronoss Technologies, Inc. ( SNCR )
SNCR provides white-label technology that enables large corporations to offer customers cloud-based storage of personal data. SNCR's platform powers the personal cloud offerings of a number of Tier 1 companies including Verizon ( VZ ), SoftBank ( SFTBY ), AT&T ( T ), Assurant ( AIZ ), British Telecom ( BTGOF ) and Tracfone under long term contracts....
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For further details see:
180 Degree Capital - Synchronoss Technologies: Strong Performance A Turning Point?