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Tuesday, 18 April 2023 15:14

Soprano acquires Singapore's Hello Technology

By
Soprano founder and CEO Richard Favero Soprano founder and CEO Richard Favero

CPaaS provider Soprano Design has completed the acquisition of Singapore-based mobile messaging company Hello Technology.

The acquisition reinforces Soprano's position as a top 10 CPaaS provider, and adds Hello Technology's 600 million interactive mobile messages to its own, with an anticipated total of 15 billion mobile messages in 2023.

It also gives the company more than 7,400 enterprise and government customers. Over 70% of Soprano's business is conducted in Asia, North America, South America, and Europe.

According to Soprano, Hello Technology's strengths in the A2P messaging services and enterprise and carrier grade SMS connectivity will augment Soprano's strengths in enterprise messaging platform, administration tools and advanced messaging applications.

"This significant acquisition ensures Soprano continues to unleash the communication potential of our enterprise and government customers using the best mobile and AI communications technology," said Soprano founder and CEO Richard Favero.

"Soprano has always solved the most interesting communication challenges in this digital transformation world. With the addition of Hello Technology, Soprano is now even better positioned to meet the increasing demand for innovative enterprise and government communication solutions and technology.

"This positive momentum is crucial at a time when meaningful engagement and trusted mobile interactions have become an even more important form of currency for businesses around the world."

Hello Technology founder and CEO Kevin Yang said "We are incredibly excited to join the Soprano Design family. It is a very positive development for our customers, our team and our company."

The deal follows acquisitions of UK-based Ubisend in 2022, and Malaysia-based Silverstreet in 2020. Soprano is open to further acquisitions of companies that would help it deliver trusted mobile interactions.

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Stephen Withers

Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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