North Atlantic (NAAC) to Combine with Telesign in $1.3Bn Deal
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North Atlantic Acquisition Corp. (NASDAQ:NAAC) has entered into a definitive agreement to combine with communications platform Telesign at an enterprise value of $1.3 billion, or 3.3x 2021E revenue. Marina del Ray, California-based Telesign provides security solutions through APIs, combining digital identity with global communications capabilities to help enterprises connect, protect and engage with their customers.
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