© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - How Good Partnerships Promote Success
Posted 14th January 2015

How Good Partnerships Promote Success

We, at Symphony Communication Services, are honored to receive Acquisition International’s Deal of the Year award.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

How Good Partnerships Promote Success
Image

How Good Partnerships Promote Success

We, at Symphony Communication Services, are honored to receive Acquisition International’s Deal of the Year award for our fundraising work with 14 of the world’s most prominent banks in a deal that was announced in October 2014.

Some may wonder why Symphony, a Silicon Valley-based, technology startup, was backed by several well-known Wall Street institutions. While at first glance this may seem like an unusual alliance, there are actually many synergies at play. Overall, finding the right partners has always been ingrained in the DNA of Symphony, from our beginnings as Perzo to our recent announcement of the acquisition of technology assets from Markit.

 When I founded Perzo in 2012, the predecessor to Symphony, I did so with the goal to change the way business is done by making communication between all people simpler, yet richer. In a recent blog post, I discussed Digital Communications Fatigue, or DCF, as the frustration felt by our inability to be fulfilled by the numerous, existing communication channels that complicate the communication processes in our lives. When the Perzo platform launched in November 2013, we had taken the first step towards my vision of bringing together the fragmented messaging marketplace by creating one communication hub that is available to everyone.

 Working with the financial services industry, where information is currency, became the next obvious step. We knew that their needs and desire for a more performant communication platform would validate and refine our vision in helping us to become the global communication platform for high-value content.

 As we were engaged in product discussions with our potential customers, it became obvious that their desire to have a solution to their communications needs would be best architected if they would also become investors in Symphony. This investment construct gave us a unique edge over other solution providers.

 The investment by these financial institutions has provided the infusion of capital and beta testers needed to grow and expand our platform into a global communication and collaboration solution for all business and professionals. As a result, we were able to make our first acquisition – in December 2014, we acquired technology assets from Markit’s Collaboration Services.

 This acquisition made perfect sense. Symphony and Markit share a similar philosophy in regards to an open approach to communication, particularly as it pertains to the financial industry. By incorporating this technology with our secure messaging platform, we can create a secure and managed directory of verified contacts across the industry. This will bring immediate efficiencies and value to our existing customers.

Identifying and creating partnerships that are complementary to our goals has been a crucial aspect of our growth and success thus far. Looking to the future, we see many opportunities to create new partnerships that will move us even closer towards our goal of simpler, richer and more human communication for all – to the financial services industry and beyond.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Why Data is and Always Will Be The Next Big Thing
Innovation
07/08/2020Why Data is and Always Will Be The Next Big Thing

Data has ushered in a new digital era for businesses, society and individuals – one that’s revolutionizing customer and employee experiences, creating more dynamic, responsive, and personalised business models, and even sparking entirely new industries.

Read Full PostRead - Eye Icon
Corporate Immigration and the Diversified Economic Age
Innovation
30/11/2015Corporate Immigration and the Diversified Economic Age

Anu Gupta has filed thousands of visa and green card petitions in the past 20 years, advising more than 10,000 individuals, entrepreneurs and corporate employers on immigration matters.

Read Full PostRead - Eye Icon
Privacy Risks & Data Security Considerations For Healthcare Interoperability
Legal
01/08/2022Privacy Risks & Data Security Considerations For Healthcare Interoperability

Healthcare interoperability makes it easier for clinics, hospitals, and private doctor’s offices to exchange patient information freely. Unfortunately, security risks increase as systems become more connected, making it hard to conform to federal and state g

Read Full PostRead - Eye Icon
The Benefits of QR Codes for Business Marketing and More
Innovation
05/10/2023The Benefits of QR Codes for Business Marketing and More

Business founders and owners easily find themselves drifting when thinking of new offerings or solutions to help them boost the visibility of their companies. Quick response codes are among the latest solutions and offerings that business owners and founders a

Read Full PostRead - Eye Icon
Fighting for the Underdog
Legal
07/05/2019Fighting for the Underdog

Founded in 1991, the William Gee Law Firm has become a stalwart in the Louisiana legal arena, and expert voice in personal injury litigation. Recently, the firm found success in AI’s 2018 Year in Review in which they righteously recognised as 2018’s Most O

Read Full PostRead - Eye Icon
Home Away From Home
Innovation
02/03/2021Home Away From Home

Ghana is rapidly growing into a major country on the international stage. with the region's expansion unquestionable, the importance of its capital city continues to increase. Accra has much to commend it, including the delightful @Home Boutique Hostel & S

Read Full PostRead - Eye Icon
6 Small Business Costs that are Often Overlooked
Finance
03/11/20206 Small Business Costs that are Often Overlooked

Most people who start a small business may be aware of the general costs of incorporating their business, buying initial inventory, and securing a location. Then they start looking into the everyday operational and organisational costs. But there always seem t

Read Full PostRead - Eye Icon
The Passive Income Power of Rental Properties For Investment Yields
News
06/11/2023The Passive Income Power of Rental Properties For Investment Yields

Delving into the realm of real estate investments can yield significant profits, with rental properties being a prevalent method to garner passive income. This comprehensive article will examine the opportunities of generating passive income through real estat

Read Full PostRead - Eye Icon
Consolidations Taking Place in the International Money Transfer Space
Finance
05/10/2021Consolidations Taking Place in the International Money Transfer Space

And as we move into Q4 2021, more firms in the international money transfer industry are set to add to the fireworks. Overall, though, the industry is about to get less crowded.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow