www.synchronica.com
Synchronica plc is a global innovator in next-generation mobile messaging technologies. Its flagship product, Unity, been chosen by more than 100 of the world's leading mobile operators and OEMs to power their own-branded push email, instant messaging, and social networking services.
With leading features such as Unified Messaging, Geo Socialization, and RCS as a Service, Unity connects to any mobile device - from the most basic mobile phone, to high-end tablets - providing customers with a strong foundation on which to achieve market differentiation, diversified revenue streams, and reduced churn.
Headquartered in the United Kingdom, Synchronica maintains global research and development centres in Canada, Germany, India, and the Philippines. Synchronica's shares trade on the London Stock Exchange AIM market (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN).
Synchronica likely to benefit from Google’s Motorola acquisition, says broker
Google’s US$12.5 billion acquisition of mobile phone maker Motorola Mobility Holdings should have a “slightly positive” impact on next-generation messaging technology firm Synchronica (LON:SYNC,TSE:SYN), according to the firm’s house broker Northland Capital Partners.
While Google’s move will doubtless be a boost to acceptance of its Android mobile phone operating system, Northland made the point that Synchronica itself is involved in Android-based smart phones, having recently launched an Android messaging client.
“The move by Google is a direct challenge to Apple for a comprehensive smart phone offering... but it also has ramifications for Nokia and Microsoft that are trying to stem declines,” said Northland in a research note today. “The deal is likely to increase the pressure on Nokia to differentiate and this may mean more development work for Synchronica.”
The broker argued that there also exist obvious ramifications for other handset manufacturers who use Android and who will want to differentiate their offerings, possibly pushing up demand for Synchronica’s Mobile Gateway platform.
Meanwhile, the broker added: “There is also potential from a carrier point of view. Carriers have suffered from the success of the iPhone being turned into a dumb pipe. A second integrated play would increase the pressure for differentiated carrier service. Synchronica offers this.”
For this year, Northland expects Synchronica to generate revenues of US$34 million, increasing to US$56.1 million in 2012. It forecasts adjusted pre-tax profits of US$2.4 million and US$14.2 million for 2011 and 2012 respectively.
Shares in Synchronica were down 4.1 per cent at 15.6 per cent by 10:54am today.
