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SYNC meaning in Business ? |
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Answer» What is Synacor mean? Synacor Inc. is a technology and services company headquartered in Buffalo, New York. It provides managed portals and apps, advertising, email, authentication, and OTT video services. The company was founded in 1998 as Chek.com and changed its name to Synacor in 2001. Himesh Bhise currently serves as the CEO and Tim Heasley currently serves as the CFO. Beyond Buffalo, the company has offices in Boston, Dallas, London, New York City, Ottawa, Pune, Singapore, and Tokyo. In 2012, Synacor became a public company (Nasdaq: SYNC) with an initial public offering (IPO) of $5.00 per share. In 2015, Synacor acquired Zimbra, an open source email, calendaring, and collaboration software suite. In the same year, Synacor acquired NimbleTV. In 2016, Synacor displaced Yahoo! as the portal provider for AT&T and subsequently lost this business back to Yahoo! only 3 years later in 2019. Synacor also provides authentication for HBO Go. The company was taken private by investment company Centre Lane Partners in 2021 and delisted from the Nasdaq Global Market. reference |
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