Tag Archives: sncr

Synchronoss Technologies Finds Growth In The Cloud

When Verizon Wireless last month raised its free storage to 25 gigabytes from 5 GB, that was good news for its customers — and for Synchronoss. Probably still best known for handling the handset activations on the first Apple (AAPL) iPhones, Synchronoss Technologies (SNCR) now provides mobile storage and other cloud services for its mostly telecom services customers, Verizon (VZ) prominent among them. That increase in free data storage means more

Synchronoss Growth Story Heading To the Cloud

The cloud is proving to be good business for Synchronoss Technologies (SNCR), and investors are buying in. Shares of the enterprise software company rose by more than 3% in the stock market today after soaring by over 18% Thursday, one day after the company reported Q4 results that beat analyst estimates. A forecast for the current quarter was in-line with views. Synchronoss sells software that allows mobile devices to operate in cloud-based