Stockholm鈥檚听 is buying yet another business, this time offering a total cash consideration of just over 62 million euros ($70 million) for , a cloud communications provider in India and Southeast Asia. The Swedish company has already made at least three acquisitions within the last nine months: ,听听and听.

Founded in 2000, 鈥檚 platform enables businesses to interact with their customers through multiple channels including SMS, voice, email, IP messaging and . According to a press release, the company serves more than 500 enterprise customers and is 鈥減articularly successful in the banking and financial services sectors.鈥� The company employs 288 people with headquarters in Delhi and overseas offices in Dubai and Kuala Lumpur.

鈥淲ith ACL we gain critical scale in the world鈥檚 second-largest mobile market. We gain customers, expertise and technology and we further strengthen our global messaging product for discerning businesses with global needs,鈥� said CEO Oscar Werner.

Financed with 鈥渃ash at hand and available credit facilities,鈥� the acquisition is expected to close in Q3 of this year, pending customary conditions.