Kaleyra, Inc. Stockholders Approve Proposed Acquisition By Tata Communications Limited

9/28/23 11:21:34 AM ET

EDP Services

Technology

Get the next $KLR alert in real time by email

Kaleyra, Inc. (NYSE:KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited. The final results will be available on a Current Report on Form 8-K to be filed by the Company. As a result, the closing of the transaction is expected to occur on October 5, 2023, subject to the satisfaction of the remaining closing conditions. Shares of Kaleyra will cease trading and will no longer be listed on the NYSE exchange following the closing of the transaction.

Get the next $KLR alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$KLR

Date	Price Target	Rating	Analyst
5/10/2022	$15.00 → $6.50	Buy → Hold	Craig Hallum

More analyst ratings

$KLR
Press Releases

Fastest customizable press release news feed in the world

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player
NEW YORK and MUMBAI, India , Oct. 5, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE:KLR). On 28th June 2023, Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited. The transaction has now been completed upon receipt of the approval by Kaleyra's stockholders, necessary regulatory approvals, and fulfilment of other customary closing conditions. Under the terms of the agreement, Tata Communications Limited has paid an aggregate consideration of approximately $100 million in cash and assumed all of Kaleyra's outstanding de
10/5/23 12:09:00 PM ET
$KLR
EDP Services
Technology
Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player
NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE:KLR). On 28th June 2023, Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited. The transaction has now been completed upon receipt of the approval by Kaleyra's stockholders, necessary regulatory approvals, and fulfilment of other customary closing conditions. Under the terms of the agreement, Tata Communications Limited ha
10/5/23 9:00:00 AM ET
$KLR
EDP Services
Technology
Kaleyra, Inc. Stockholders Approve Proposed Acquisition by Tata Communications Limited
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited. The final results will be available on a Current Report on Form 8-K to be filed by the Company. As a result, the closing of the transaction is expected to occur on October 5, 2023, subject to the satisfaction of the remaining closing conditions. Shares of Kaleyra will cease trading and will no longer be listed
9/28/23 11:16:00 AM ET
$KLR
EDP Services
Technology

$KLR
Leadership Updates

Live Leadership Updates

Kaleyra Appointed by stc Bahrain As Exclusive Omnichannel Partner
Kaleyra To Support stc Bahrain's Enterprise Customers With Digital and Innovation Services NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) (NYSE:KLR) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today an exclusive partnership with stc Bahrain, a world-class digital enabler. As the exclusive provider of omnichannel services, Kaleyra will support stc Bahrain in delivering personalized, flexible communication to its customers and enabling enterprise brands to do the same. With Kaleyra's advanced CPaaS p
9/21/23 8:05:00 AM ET
$KLR
EDP Services
Technology
Kaleyra Announces Changes in Management Team
Kaleyra announces changes in the management team: Nicola Junior Vitto departure and new appointment of Mauro Carobene NEW YORK, Aug. 11, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) (NYSE:KLR) ("Kaleyra" or the "Company"), an enterprise Communication Platform as a Service (CPaaS), announces certain management changes. As previously disclosed, on June 28, 2023, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited ("Tata Communications"),
8/11/23 4:15:00 PM ET
$KLR
EDP Services
Technology
Kaleyra Appoints Colin Gillis as Vice President of Investor Relations
NEW YORK, June 16, 2022 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) (NYSE:KLR) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today that former equity research analyst Colin Gillis has joined its leadership team as Vice President of Investor Relations, effective immediately. In this role, Gillis will regularly engage with the investor community to expand and elevate visibility into the company's operations, growth strategy, and results. Gillis brings over a decade of relevant industry experience from his time analyzing publ
6/16/22 8:00:00 AM ET
$KLR
EDP Services
Technology

$KLR
Market Insights

Live Market Insights

Kaleyra, Inc. Stockholders Approve Proposed Acquisition By Tata Communications Limited
Kaleyra, Inc. (NYSE:KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited. The final results will be available on a Current Report on Form 8-K to be filed by the Company. As a result, the closing of the transaction is expected to occur on October 5, 2023, subject to the satisfaction of the remaining closing conditions. Shares of Kaleyra will cease trading and will no longer be listed on the NYSE exchange following the closi
9/28/23 11:21:34 AM ET
$KLR
EDP Services
Technology
Top 4 Tech Stocks That May Collapse This Month
The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Splunk Inc. (NASDAQ:SPLK) Cisco (NASDAQ:CSCO) announced it will acquire the company for roughly $28 billion. The company’s stock has a 52-week high of $145.81. . R
9/25/23 8:05:06 AM ET
$CSCO
$DATS
$KLR
$NEWR
Computer Communications Equipment
Telecommunications
Telecommunications Equipment
EDP Services
Kaleyra Announced A Strategic Collaboration In Its Partnership Portfolio With Talisma, A Provider Of Customer Experience Solutions Based In India
The partnership agreement enhances the customer experience by adding Kaleyra Video, a WebRTC audio and video calling tool, to Talisma's Customer Relationship Management & Digital Engagement Platform.
8/22/23 8:12:44 AM ET
$KLR
EDP Services
Technology

$KLR
Financials

Live finance-specific insights

Kaleyra Announces First Quarter 2023 Results
First Quarter Revenue of $83.6 Million, Exceeds Upper Guidance Range, Record Gross Margin of 25.2% and Adjusted Gross Margin of 26.0% NEW YORK, May 10, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) (NYSE:KLR) ("Kaleyra" or the "Company"), a growing omnichannel business communications platform, reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Quarterly revenue of $83.6 million ($85.7 million on a constant currency basis), 94.8% of revenue is from customers on the platform for a minimum of one yearCompany record gross margin a
5/10/23 4:10:00 PM ET
$KLR
EDP Services
Technology
Kaleyra to Report First Quarter 2023 Financial Results on Wednesday, May 10, 2023 at 4:30 p.m. ET
NEW YORK , May 4, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) (NYSE:KLR) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, will hold a conference call on Wednesday, May 10, 2023, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be issued in a press release prior to the call. Kaleyra management, including Chief Executive Officer Dario Calogero and Chief Financial Officer Giacomo Dall'Aglio, will host the presentation, followed by a
5/4/23 8:05:00 AM ET
$KLR
EDP Services
Technology
Kaleyra Announces Fourth Quarter 2022 and Full Year 2022 Results
Fourth Quarter Highlighted by Record Revenues of $93.7 MillionRecord Full Year 2022 Revenues of $339.2 Million, Up 27% YoYAnnounces Implementation of 2023 Restructuring and Cost Reduction Program NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE:KLR) (NYSE:KLR) ("Kaleyra" or the "Company"), an enterprise Communication Platform as a Service (CPaaS), reported financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter and Full Year 2022 Highlights Record quarterly revenue of $93.7 million ($97.7 million using Q42021 foreign exchange
2/15/23 4:03:00 PM ET
$KLR
EDP Services
Technology

Kaleyra, Inc. Stockholders Approve Proposed Acquisition By Tata Communications Limited

Chat with this insight

Recent Analyst Ratings for $KLR

$KLR Press Releases

Fastest customizable press release news feed in the world

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player