Xura picks up Mitel mobile unit in end of year splurge

Xura has announced it has entered into definitive agreements to acquire Mitel Mobility to make a play for the potentially lucrative IoT and 5G markets.

The new company will be targeting the emerging IoT and 5G segments, aiming to help CSPs bring new services to market. The team claims it will deliver a new portfolio of 5G-ready, fully-virtualised solution set across voicemail, VoLTE, VoWiFi, video, RCS, messaging, security, radio access and packet core.

“The combination of Xura’s offerings in voicemail, messaging, monetisation and security solutions with Mitel Mobile’s offerings in next-generation voice, video, RCS, network access and core solutions, alongside Ranzure’s 5G Cloud RAN technology, will offer a comprehensive, best-in-class solution set to the combined company’s global CSP customer base,” said Hubert de Pesquidoux, current Executive Chairman of Xura and future Executive Chairman of the combined company.

“Mitel Mobile and its heritage Mavenir brand and technology are synonymous with world-class innovation and customer support, and we are delighted to welcome Pardeep Kohli, who is uniquely positioned to lead the combined company.”

“Both Xura and Mitel Mobile have strong legacies of market-leading innovation and commitment to customer success,” said Pardeep Kohli, CEO of Mavenir Systems. “Our new company will offer a fully-virtualised, software-based solution set across every layer of the mobile network infrastructure stack, including radio access, packet core and 5G applications.

“We will be the only pure play solution provider with no vested interest in maintaining and promoting proprietary solutions. We look forward to partnering with our customers to achieve operational efficiencies as they prepare to handle the exponential traffic growth that the industry’s IoT and 5G applications will bring.”

Kohli, succeeds Philippe Tartavull as CEO of Xura, effective today, and will also act as the CEO of the new company. For more detail on the deal, check out our sister site Light Reading.