Synchronica plc

Synchronica plc specializes in providing innovative network solutions aimed at enhancing wireless connectivity and router management for both residential and commercial markets. Founded in 1996 in London, UK, Synchronica plc develops solutions for wireless communication. The company was acquired by Myriad Group AG in April 2012 for USD 38 mn. Giuseppe Nacci founded Synchronica, and the current CEO is Yasumoto Watanabe.

The company has completed four deals to date, the latest being a Trade Sale which raised USD 38 mn. Synchronica plc primarily provides network solutions focused on router management and wireless connectivity. Their offerings enable users to manage router settings via web interfaces, facilitating configurations such as wireless settings and security parameters. The company serves a wide range of clients, including individual consumers, small businesses, and large enterprises across North America, Europe, and parts of Asia, aiming to enhance user experience with detailed guidance on network management.

In the most recent financial year of 2018, Synchronica plc reported revenue of USD 6,211,468. 60 and an EBITDA of USD 694,168. Revenue is generated through hardware sales and subscription services related to router management, fostering a steady income stream that supports ongoing growth. Following its acquisition in April 2012, Synchronica plans to leverage the resources from the funding round to enhance its product offerings and expand into new markets.

Specific targets for growth include introducing new networking products aimed at improving connectivity solutions. The company is positioning itself to enter emerging markets in Asia and Latin America within the next few years.