Airwide Solutions acquired by Mavenir

Merger & AcquisitionStrategicCommunicationsInfrastructure
Written By Alex Geller
 

Deal Synopsis

Airwide Solutions was acquired by Mavenir Systems, a venture-backed company, on May 30, 2011.

 

Seller Details

Airwide Solutions is a provider of mobile infrastructure software. The company's software enables mobile communications for wireless operators worldwide.

 

Buyer Details

Mavenir Systems—now Mitel Networks—provided software-based networking services that enabled mobile service providers to deliver next generation services over 4G LTE networks. They had a fully virtual, end-to-end portfolio of voice and video, messaging, and mobile core products that included IP Multimedia Subsystem (IMS), Evolved Packet Core (EPC), and Session Border Controller (SBC). Mavenir sought to expand its business operations through mergers and acquisitions. Mavenir (NYSE: MVNR) was acquired by Mitel Networks on April 29, 2015.

Alex Geller
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