Adds cloud platform and mobile authentication solutions, creates end-to-end 'CPaaS'
BICS, a global provider of international wholesale connectivity and interoperability services, today announced it has entered a definitive agreement to acquire privately held TeleSign Corporation, a United States company active in the provision of authentication and mobile identity services to Internet and digital service providers, for $230 million. The acquisition creates the world’s first end-to-end CPaaS provider, bridging the market leading TeleSign cloud communications platform with one of the largest global carriers in the world.