© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Mitel’s Acquisition of Mavenir
Posted 3rd June 2015

Mitel’s Acquisition of Mavenir

Mitel's Acquisition of Mavenir

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Mitel’s Acquisition of Mavenir

Mitel’s Acquisition of Mavenir

View Biography
Image

View Biography
Image

William Aaronson, Advised Mavenir Systems

Craig Wright, Advised Mitel

Mitel, a global leader in business communications, announced the completion of its acquisition of Mavenir Systems, Inc, creating a global leader in converged IP communications for enterprises, service providers and mobile operators.

With the acquisition of Mavenir, Mitelexpects to expand its total addressable market by approximately US$14B by 2018*, and be well positioned to capitalize on increasing demand for 4G LTE services, which is growing at approximately 52% annually.

“With Mavenir part of Mitel’s business and market footprint, we are now able to fully address both the enterprise and mobile markets for IP-based communications,” said Rich McBee, President and Chief Executive Officer of Mitel. “The combination givesMitel a unique opportunity to capitalize on the rapid growth of 4G LTE now, and the convergence of business and mobile IP communications in the future.”

Mavenir CEO, Pardeep Kohli, joins Mitel as President of Mitel’s Mobile Division.

“The move to LTE mobile networks has created a valuable opportunity for service providers to leverage a converged all-IP network to offer feature-rich business and consumer communication services on any device, anywhere, on any access network,” said Pardeep Kohli. “Now, as part of Mitel, our mobile customers will be able to benefit from Mavenir’s industry-leading 4G solutions as well as the global reach, size and scale of Mitel’s operations, and its IP and cloud communications expertise.”

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
The Clearing House Drives Closer to Standing-Up New Innovative National Real-Time Payment System
M&A
26/10/2015The Clearing House Drives Closer to Standing-Up New Innovative National Real-Time Payment System

The Clearing House (TCH)has announced it has entered into a letter of intent with VocaLink, the UK-based international payment systems provider.

Read Full PostRead - Eye Icon
One Machine, More Freedom
News
01/08/2022One Machine, More Freedom

SkyRunner, LLC is a privately held aircraft manufacturing company headquartered in Shreveport, LA, USA, which designs and manufactures the MK 3.2, a special light sport aircraft for civilian and military end users.

Read Full PostRead - Eye Icon
2016’s Most Innovative Law Firm – Switzerland
Legal
29/06/20162016’s Most Innovative Law Firm – Switzerland

Deschenaux, Hornblower & Partners, LLP is an entrepreneurial international jurists firm.

Read Full PostRead - Eye Icon
Paying the Price: Late Payments Forcing UK Businesses to Make Tough Decisions
Finance
17/02/2015Paying the Price: Late Payments Forcing UK Businesses to Make Tough Decisions

Although late payments are something almost every business comes across, in the UK there is currently a culture of unpaid payment causing a domino effect of debt across the British Isles.

Read Full PostRead - Eye Icon
5 Reasons Every Startup Must Calculate Their Market Size
News
27/06/20225 Reasons Every Startup Must Calculate Their Market Size

Building a successful startup goes beyond developing a product or service—you must be sure you are diving into a profitable market, and your product can cater to consumers' needs.

Read Full PostRead - Eye Icon
CEO of the Year, Germany
Innovation
29/02/2016CEO of the Year, Germany

Linguatec develops and markets leading edge language technology solutions for Machine Translation, Automatic Speech Recognition and Speech Synthesis.

Read Full PostRead - Eye Icon
Quality and Service Excellence Stands the Test of Time
Strategy
27/02/2018Quality and Service Excellence Stands the Test of Time

The Checkers Safety Group designs and manufactures ground-based industrial safety products in its eight factories across the United States, Canada, Mexico, the United Kingdom and the Netherlands, and sells through a distribution network to industrial markets o

Read Full PostRead - Eye Icon
Copyright Litigation- UK Trends
Leadership
20/11/2015Copyright Litigation- UK Trends

Ashfords is recognised nationally as a leading provider of legal and related professional services. Tom Phipps talks us through trends in the copyright litigation sector.

Read Full PostRead - Eye Icon
Deal of the Month
Innovation
01/07/2016Deal of the Month

Next Group is a highly innovative technology company, providing unique telecommunications platforms that are both elegant and efficient.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow