OREANDA-NEWS. July 21, 2010. SORAINEN Estonia is acting as local legal advisor to Synchronoss Technologies, a leading global provider of on-demand transaction management software platforms, in its acquisition of privately-held FusionOne, an established leader in mobile content transfer and synchronisation technology. The transaction is expected to close during July 2010. A significant part of FusionOne software development is conducted in Estonia, reported the press-centre of SORAINEN.

Stephen G. Waldis, president and chief executive officer of Synchronoss, said: “As connected devices continue to become a more important part of everyday life for consumers and business professionals, OEMs and carriers need to address the challenge of mobile content transfer and synchronization at the point of activation in order to retain and grow their subscriber base and revenue streams. The combination of FusionOne’s capabilities with Synchronoss’ industry leading ConvergenceNow® Plus+ platform creates the most comprehensive and powerful mobility customer experience available in the market.”

The SORAINEN team is led by partner Toomas Prangli together with senior associates Stefano M. Grace and Piret Lappert.