Upland Software Agrees To Buy Mobile Commons - Quick Facts

(RTTNews) - Upland Software, Inc. (UPLD), a provider of cloud-based Enterprise Work Management applications, said it has signed a definitive agreement to acquire Mobile Commons, a cloud-based mobile messaging software provider.

Mobile Commons' enterprise-class application drives and manages digital engagement through sophisticated, two-way SMS programs and campaigns.

Its customers include healthcare, higher education, government, consumer product and nonprofit organizations seeking to maximize program outcomes and engagement levels.

The transaction, scheduled to close this week, is expected to increase Upland's current annualized revenues to around $75 million.