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NTT Data, Mavenir partner on 5G campus networks in Germany
2020-08-13 15:32:00| Telecompaper Headlines
(Telecompaper) NTT Data and Mavenir entered a strategic cooperation to jointly make a broad portfolio of products and services for private 5G and 4G networks available in Germany. In the initial phase, they will be jointly making concepts for the German-speaking markets Germany, Switzerland and Austria, with an expansion to other regions and markets expected to follow.
Tags: data
germany
partner
networks
Mitel Announces Definitive Agreement to Acquire Mavenir
2015-03-05 11:31:10| Industrial Newsroom - All News for Today
BARCELONA, Spain * Solidifies comprehensive portfolio of unified communications (UCC) and rich communications services (RCS) across fixed and mobile environments * Significantly expands Mitel's addressable market and capitalizes on immediate growth of Voice over LTE (VoLTE) as mobile carriers make the move to all...
Tags: agreement
acquire
announces
definitive
Mitel to buy Mavenir Systems for USD 560 mln
2015-03-02 09:04:00| Telecompaper Headlines
(Telecompaper) Mitel has signed a definitive deal to take over networking equipment provider Mavenir Systems for USD 560 million. Mitel will acquire all of Mavenir's outstanding shares in a cash and stock deal. Mavenir stockholders will get either all-cash or all-stock for each Mavenir share, with a value of USD 11.08 plus 0.675 of a Mitel common share, or USD 17.94 based on the Mitel closing price on 27 February. Upon closing, Mavenir will become the mobile business division of Mitel, operating under the brand Mavenir. Pardeep Kohli will join Mitel in the role of Mavenir president, reporting to Rich McBee. With the acquisition, Mitel expects to expand its total addressable market by USD 14 billion by 2018, and be well positioned to capitalize on increasing demand for LTE services. The deal extends Mitel's service provider and mobile operator footprint to over 130 operators, including 15 of the top 20 mobile carriers worldwide, covering 2 billion subscribers. Mitel said it will finance the deal using cash on hand and with proceeds from new senior secured credit facilities.
Mavenir Spends $20M on Ulticom for Signaling
2015-01-13 19:38:51| Semiconductors - Topix.net
Mavenir is opening up its wallet again. Just two months after it purchased Stoke, the company has announced it will acquire Diameter signaling vendor Ulticom for $20 million.
Tags: signaling
20m
spends
mavenir
Radisys and Mavenir Win Award Recognizing Voice over LTE Leadership and Innovation
2014-07-02 14:27:28| Semiconductors - Topix.net
RadisysA Corporation , a market leader enabling wireless infrastructure solutions, and solution partner Mavenir Systems today announced that they have been honored with the Best Voice over LTE Innovation award.
Tags: win
voice
award
leadership