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Croatian Software Firm Infobip Eyes More Acquisitions, Says IPO Plan on Track

Silvio Kutic
Silvio KuticPhotographer: Petar Santini/Bloomberg
Updated on

Croatian software company Infobip Ltd. is on the prowl for more acquisitions as it seeks to expand in the U.S., and remains on track for a potential initial public offering next year. 

Infobip, which helps companies such as Uber Technologies Inc. manage communications with clients, has bought four companies in 2021, including voice solutions firm Peerless Network Inc. and mobile messaging systems provider OpenMarket.