Tata Communications is planning to acquire US-based enterprise messaging firm Kaleyra for about $ 100 million in an all-cash deal, according to reports.

With operations in over 190 countries, Kaleyra provides integrated communication services with a set of proprietary platforms, offering targeted personalization through messaging, video, push notifications, e-mail and voice-based services and chatbots.

“Tata Communications has agreed to acquire Kaleyra, Inc in a cash-only transaction, at a price per share of USD 7.25 for a total consideration to Kaleyra shareholders of approximately USD 100 million and the assumption of all outstanding debt,” according to the company.

With this transaction, Tata Communications will gain an industry-proven platform with strong capabilities and scale Upon closing of the transaction, expected in six to nine months, Kaleyra Inc will become a subsidiary of Tata Communications Limited, as per reports.

Kaleyra claims to have a strong presence in the business communications market in banking and financial services, retail and digital commerce industries across global markets, in addition to a team with expertise in technology, engineering and research and development.

According to the company, Tata Communications will also benefit from Tier 1 carrier connections in the US, ready connectors to third-party platforms, and video services without the need for additional software plug-ins.

“We are excited about Kaleyra's remarkable talent and their demonstrated capabilities in next-gen technologies. With this acquisition, we will further build intelligent, intuitive and innovative multi-channel communication solutions to unlock new growth opportunities for our customers,” Tata Communications MD and CEO AS Lakshminarayanan says.