Mavenir Systems announces Airwide acquisition

Mavenir Systems, a provider of mobile network infrastructure for LTE operators, has announced the acquisition of messaging specialist Airwide Solutions.

Mavenir said the deal would strengthen its ability to enable operators in the transformation of their core networks to flat IP architecture, specifically adding expertise in voice, video and messaging services over LTE. The acquisition means that Mavenir now has 120 mobile operators worldwide on its books.

“With this acquisition, Mavenir Systems will strengthen its already advanced product portfolio and will be well positioned to support global mobile operators in their evolution to 4G networks,” said Pardeep Kohli, president and CEO, Mavenir Systems, in a statement. “Our increased global presence and our combined experience will instill a greater confidence in our customers as they rely on Mavenir to launch innovative LTE services quickly and cost effectively.

“We look forward to helping our combined customers in their transition to LTE with products such as our recently announced trio of Voice over LTE (VoLTE) solutions,” added Kohli.

The company said that Airwide’s employees and product portfolio will be fully integrated into Mavenir.

In related news, Mavenir has announced that it has raised US$40m in its fifth round of venture capital funding, taking the total it has raised since October 2005 to US$105 million since October 2005.

Mavenir said that this will enable it to continue to expand into fast-growing LTE markets around the world and maintain the highest level of support services for its customer base.

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