Tata Communications, a leading global digital infrastructure and communications solutions provider, announced on Wednesday that it has agreed to acquire Kaleyra, a US-based enterprise messaging firm, for about $100 million in an all-cash deal.

The acquisition will allow Tata Communications to expand its cloud-native communication platform and add new capabilities in the areas of messaging, customer engagement, and digital transformation. Kaleyra's proprietary platforms offer targeted personalization through messaging, video, push notifications, e-mail and voice-based services, and chatbots.

"The acquisition of Kaleyra is a strategic move for Tata Communications," said Vinod Kumar, CEO of Tata Communications. "It will allow us to expand our cloud-native communication platform and add new capabilities in the areas of messaging, customer engagement, and digital transformation. This will help us to better serve our customers and partners around the world."

Kaleyra's CEO, Ofer Peled, said that the company is excited to join Tata Communications. "We believe that this is a great opportunity for Kaleyra to accelerate our growth and reach new markets," Peled said. "We are confident that Tata Communications is the right partner to help us achieve our goals."

The acquisition is expected to close in six to nine months, subject to regulatory approvals.

Impact of the acquisition

The acquisition of Kaleyra by Tata Communications is a significant development in the telecommunications industry. It is a sign that Tata Communications is committed to expanding its cloud-native communication platform and adding new capabilities in the areas of messaging, customer engagement, and digital transformation.

The acquisition is also likely to have a positive impact on Kaleyra's customers. Tata Communications has a global reach and a strong track record of customer service. This means that Kaleyra's customers can expect to continue to receive the high level of service that they have come to expect.

Overall, the acquisition of Kaleyra by Tata Communications is a positive development for both companies. It is a sign that Tata Communications is committed to innovation and growth, and it is likely to benefit Kaleyra's customers.