Shares of Synchronoss Technologies Inc. rocketed 36% in premarket trade Friday, after it was disclosed that the mobile technologies company received unsolicited buyout interest from Siris Capital Group. The private-equity firm delivered a letter to Synchronoss saying it was in position to buy the company for $18 a share, which is 48% above Thursday’s closing price of $12.18. That price would give Synchronoss a market capitalization of $834.6 million. Siris Capital is Synchronoss’s largest shareholder, with holdings of 6 million shares, or 12.9% of the shares outstanding, according to recent filings. Synchronoss’s stock has plunged 68% year to date through Thursday, while the S&P 500 has gained 8.7%.
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