DOW JONES NEWSWIRES Synchronoss Technologies Inc. (SNCR) acquired privately held Miyowa Inc. for about $45.5 million in cash, giving the software provider new exposure to mobile social networking and enhancing its cloud-technology strategy. Miyowa, based in France, develops social networking and instant messaging software for mobile devices. It has partnered with Facebook Inc., Twitter and Yahoo Inc. (YHOO), among others. The agreement includes additional payments of up to $13.5 million in cash that can be paid based on performance milestones from Miyowa over the next four quarters. Synchronoss said it expects the acquisition won't significantly impact its adjusted earnings for 2012. It plans to provide first-quarter and full-year 2012 guidance, including Miyowa's expected financial impact, when it reports its fourth-quarter earnings. In November, the company reported higher earnings thanks to growing business partnerships with large telecommunication companies, including AT&T Inc. (T), and increased adoption of its ConvergenceNow Plus+ platform software, which helps activate and synchronize devices. Shares closed Wednesday at $29.65 and were inactive premarket. The stock is up 24% in the past three months. --By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108; ben.rubin@dowjones.com
