Synchronoss Technologies Inc. has resumed talks with Siris Capital Partners to sell itself, because Siris raised its offer and agreed to a period of limited exclusivity to make a buyout, Synchronoss said Thursday. Synchronoss stock shot up nearly 20% after hours. The company has been in talks with Siris, its largest shareholder, for several weeks over the possibility of an all-cash buyout, but the discussions fell apart in September after the private equity firm terminated its interest. Siris owns about 6 million shares of the mobile cloud solutions company, or 13% of outstanding stock. Synchronoss noted in a statement that the talks did not mean a sale was certain or imminent. Synchronoss stock is down 72% this year, with the S&P 500 index climbing 13.4%.
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