TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M
OCTOBER 31, 2017
Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M.