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Truecaller enters into an agreement to acquire US-based TextPlus Inc.

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STOCKHOLM, July 17, 2026 /PRNewswire/ — Truecaller AB (publ) (“Truecaller” or the “Company”) has today entered into an agreement to acquire 100% of the shares in TextPlus Inc. (“TextPlus”) (the “Acquisition”). TextPlus is a US-based communications software company offering a flexible and cost-effective alternative to traditional wireless carriers. The Acquisition increases Truecaller’s footprint in the US and brings the Company closer to a comprehensive communications platform by broadening its capabilities with complementary offerings such as second numbers and internet-based calling, commonly known as VoIP. The purchase price corresponds to a valuation of USD 15.0 million on a cash and debt free basis. The Acquisition will be financed with own funds.

Truecaller’s CEO, Rishit Jhunjhunwala, comments:

“Scott and the rest of the TextPlus team have built a service that helps people communicate far better than they used to. This philosophy is exactly in-line with Truecaller. We’re very excited to join forces and power communication services in a safe and trusted manner. The culture of the team, the financial discipline and the impressive tech, all align with Truecaller and we’re confident that we will together be able to grow this business to much greater heights. Truecaller and TextPlus both have changed how mobile communication takes place and it’s only natural that we come together.”

About TextPlus

Founded in 2009, TextPlus is a US-based communications technology company providing cloud-based voice, messaging and connectivity services through its proprietary mobile platform. TextPlus enables users to make VoIP calls, send and receive SMS messages and access mobile communication services over data networks, offering a flexible and cost-effective alternative to traditional wireless carriers. TextPlus has built a large and diversified user base of approximately 1.5 million monthly active users serving consumers seeking affordable, app-based communication solutions. The platform provides users with dedicated phone numbers and supports both domestic and international communications, leveraging a scalable cloud infrastructure designed to deliver reliable and high-quality connectivity. For the twelve-month period ending May 2026, adjusted net revenue amounted to USD 5.2 million, representing a compound annual growth rate (CAGR) of approximately 45% since 2023, with good profitability. TextPlus is headquartered in Los Angeles and has a total headcount of 14.

TextPlus’ CEO and Founder, Scott Lahman, comments:

“Telecom only works when people can trust it. Truecaller and TextPlus share a commitment to safer, more trusted communication, and we’re excited about the opportunity to help restore trust in every connection.”

Strategic rationale

For Truecaller the Acquisition unlocks further US expansion potential, through TextPlus’s US footprint. The Acquisition leverages the strengths of both Truecaller and TextPlus by enabling cross-selling across key markets, facilitating knowledge sharing between Android- and iOS-focused platforms, and expanding proven technologies into new regions. It also aims to optimize user acquisition and introduce new use cases like business focused number solutions, driving growth and value across the ecosystem. Truecaller gains product and market insights as well as a complementary user base, while TextPlus strengthens its position to become a consumer telco and MVNO replacement product in the US market. Acquiring TextPlus brings Truecaller closer to a comprehensive communications platform by broadening its capabilities with complementary offerings such as second numbers and VoIP.

TextPlus brings a lean and experienced team that has been building and refining the operations for over a decade. Both Truecaller and TextPlus share a strong product-centric culture and a clear ambition to drive sustainable, profitable growth.

The Acquisition and financing

The purchase price for 100% of the shares in TextPlus amounts to USD 15.0 million on a cash and debt free basis and will be financed with own funds.

The Acquisition is subject to customary regulatory approvals and closing conditions and is expected to be completed during Q3 2026.

Advisers

DNB Carnegie Investment Bank AB is acting as financial advisor, Squire Patton Boggs (US) LLP as legal advisor, and KPMG as financial and tax due diligence advisor in relation to the Acquisition for Truecaller.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP is acting as legal advisor to Textplus and The Raine Group is serving as exclusive financial advisor to TextPlus.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

This information is information that Truecaller is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.

About Truecaller: 

Truecaller (TRUE B) is the leading global platform for safe and trusted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 500 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/truecaller-ab/r/truecaller-enters-into-an-agreement-to-acquire-us-based-textplus-inc-,c4375602

The following files are available for download:

https://mb.cision.com/Main/20429/4375602/4197010.pdf

Truecaller – Pressrelease TextPlus 260716

 

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SOURCE Truecaller AB

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Skanska builds high-tech fabrication facility in Boise, Idaho, USA, for USD 390M, about SEK 3.6 billion

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STOCKHOLM, July 17, 2026 /PRNewswire/ — Skanska has signed a contract with a new confidential high-tech client for the construction of a fabrication facility in Boise, Idaho, USA. The contract is worth USD 390M, about SEK 3.6 billion, which will be included in the US order bookings for the third quarter of 2026.

Work is for a new fabrication facility, a dedicated Central Utility Plant, and associated site infrastructure.

Work has begun and is scheduled for completion in the first quarter of 2028.

For further information please contact:
Daniela Arellano, Communications Director, Skanska USA, tel +1  213 317 4977
Andreas Joons, Press Officer, Skanska AB, tel +46 76 870 75 51
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-builds-high-tech-fabrication-facility-in-boise–idaho–usa–for-usd-390m–about-sek-3-6-bill,c4375621

The following files are available for download:

https://mb.cision.com/Main/95/4375621/4197368.pdf

20260717 US high-tech fabrication facility

 

 

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Akko Launches New U1 Switch Series, Debuting with Creamy Yellow U1

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SHENZHEN, China, July 17, 2026 /PRNewswire/ — As Akko approaches its 10th anniversary, the brand introduces U1 Series mechanical keyboard switches. As Akko’s next-generation switch lineup, the U1 Series is built around material innovation, structural refinement, and acoustic tuning, aiming to deliver a polished typing experience.

Across the series, U1 switches feature a newly engineered POM-blend material. While retaining the self-lubricating properties of POM, the material improves smoothness and consistency, bringing a cleaner sound profile and a refined typing feel. A redesigned cylindrical stem and optimized rail structure help each keystroke sound more focused and lower-pitched, with a thocky character, while reducing rail contact area. Paired with an upgraded POM top housing, the design suppresses spring ping and unwanted resonance. Each switch is precision factory-lubed to reduce dry friction out of the box, allowing users to enjoy a smooth, stable feel without manual lubrication.

Creamy Yellow U1 also receives dedicated internal structural upgrades. This U1 version combines the crisp character of the V3 version with the deeper sound of the V5 version, balancing different preferences for switch acoustics. Its optimized structure delivers more stable performance across keyboard configurations, making it suitable for entry-level users exploring custom keyboards while improving compatibility. Through a specially designed light-guiding column for diffusion, the switch reduces light loss and dark areas, creating brighter, more even RGB effects across compatible PCBs. Packaging has also been upgraded to a standard 100-switch box, making it more convenient for switch replacement, spare use, storage, and bulk assembly across mainstream keyboard layouts, while improving efficiency and reducing packaging waste.

More U1 Series upgrades include Creamy Purple U1, which optimizes stem stability and noise control for a clearer tactile feel and purer sound; Piano U1, an upgraded version of the V3 Pro Piano switch with improved smoothness and stability for linear-switch users; and Crystal Silver U1, a new linear switch designed for fast actuation and responsive rebound in gaming scenarios.

According to Akko’s product team, an excellent switch is shaped by materials, structure, sound, and feel working together. Creamy Yellow U1 marks the beginning of the U1 ecosystem. Akko also plans to introduce silent-oriented products and will apply U1 switches to upcoming keyboards, including 5075 V5 and more V5 Series products.

The U1 Series switches are available through Akko’s global sales channels. For more information, please visit akkogear.eu and akkogear.de.

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Temu partners with Start:up Slovenia to help Slovenian businesses reach shoppers across Europe

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The partnership gives Slovenian businesses a route to Temu’s EU-wide customer base, cross-border delivery, and guidance on selling across the region.

MARIBOR, Slovenia, July 17, 2026 /PRNewswire/ — Slovenian entrepreneurs will be able to reach shoppers across the EU more easily under a new partnership between global e-commerce platform Temu and Start:up Slovenia, the national platform of the Slovenian startup ecosystem.

Under the Memorandum of Understanding (MoU), Temu and Start:up Slovenia will work together on a program of joint activities running through 2026 and into 2027, aimed at enabling Slovenian businesses to go digital. The two organisations will also collaborate on capacity-building for the local community, helping founders understand how to expand and reach new markets.

Start:up Slovenia brings deep roots in the national ecosystem to the partnership. Established in 2004 and managed by Venture Factory (Tovarna podjemov) in Maribor, it is a founding member of the European Startup Network and the Startup Europe CEE Network, and serves as Slovenia’s ambassador within Startup Europe, an initiative of the European Commission. It also runs PODIM, one of the most influential startup and technology conferences in South Central and Eastern Europe.

“Slovenian startups continue to develop cutting-edge products that compete with the best in the world. Today, however, building a great product is only part of the equation — reaching customers through effective distribution is more important than ever,” said Urban Lapajne, head of the Start:up Slovenia community. “This partnership helps founders do exactly that by opening new pathways to global markets and accelerating their international growth. At Start:up Slovenia, our mission is to empower Slovenian founders to build globally successful companies, and this partnership is an important step in supporting that mission.”

Temu entered the Slovenian market in 2023 and opened its marketplace to local sellers in March 2026, giving Slovenian businesses a cost-effective channel to reach new customers and expand their operations. In June 2026, Temu signed a Memorandum of Understanding with Pošta Slovenije, the national postal operator, to strengthen logistics and delivery for Slovenian sellers and consumers through the Local Seller Program.

“Slovenia has a dynamic community of entrepreneurs, and we want to help them grow,” said a Temu spokesperson. “By combining Temu’s marketplace and logistics network partnerships with Start:up Slovenia’s roots in the local ecosystem, we can help Slovenian businesses reach new customers across Europe, while building a lasting local presence in the market.”

About Temu

Temu is a global e-commerce platform that connects consumers with millions of manufacturers, brands and business partners. It operates in more than 90 markets worldwide and aims to provide affordable, high-quality products for a more convenient life.

About Start:up Slovenia

Start:up Slovenia is the national platform of the Slovenian startup ecosystem, connecting startups, investors, support organisations and entrepreneurial experts in Slovenia and abroad. Established in 2004 and managed by Venture Factory (Tovarna podjemov) in Maribor, it is a founding member of the European Startup Network and the Startup Europe CEE Network, Slovenia’s ambassador within Startup Europe, and the organiser of the PODIM conference.

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