Sonim Technologies, Inc. (SONM) has agreed to be acquired by Social Mobile in an all-cash deal valued at $20 million, which includes a $5 million potential earn-out.
This acquisition supports Social Mobile’s strategy to grow its presence in the purpose-built enterprise mobility market, leveraging Sonim’s expertise in mission-critical mobile solutions.
The transaction is expected to close in Q4 2025. Roth Capital is the financial advisor and Venable, LLC is the legal counsel to Sonim Technologies, Inc. Blank Rome, LLP represents Social Mobile.
Robert Morcos, CEO of Social Mobile, expressed excitement about the synergies and opportunities this acquisition brings.
