Mavenir Systems Announces Agreement to Acquire Airwide Solutions

RICHARDSON, Texas, May 30, 2011 /PRNewswire/ -- Mavenir Systems, the leading innovator of mobile infrastructure solutions for LTE operators, today announced the acquisition of privately-held Airwide Solutions, the leading provider of mobile messaging solutions.  This acquisition positions Mavenir as a strong global force fully capable of enabling mobile operators to transform their core network and launch converged voice, video and messaging services over LTE.

"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.  "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."

Airwide's employees and product portfolio will be fully integrated into Mavenir.  Airwide brings to Mavenir a strong team that understands the global mobile messaging market.  The combined company is now positioned to deliver a strong portfolio of LTE solutions to Airwide customers across each of the major regions of the world.  

The recent Series E funding just announced will fuel Mavenir's continued expansion into fast-growing 4G/LTE markets and ensure we maintain the highest level of support services for our customer base.  This acquisition is a key part of that growth strategy increasing our footprint to 120 mobile operators worldwide.

"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.

About Mavenir:

Mavenir Systems, Inc. provides mobile infrastructure solutions to mobile operators looking to deploy LTE communications services. Mavenir offers the most complete portfolio of convergence applications and solutions to power new Mobile Cloud Services such as Converged Voice solutions for Voice over LTE (VoLTE), Mobile VoIP and Mobility; Converged Messaging solutions for SMS/MMS over LTE, Rich Communications Suite (RCS, RCS-e) and Converged IP Messaging (CPM); and Converged Video solutions provide Mobile Video calling and conferencing.  These solutions are based on Mavenir's carrier-grade mOne™ Convergence platform.

www.mavenir.com

NA Contact:
Kathrine Dela or Valerie Christopherson
Global Results Comms
+1 (949) 608 0276
[email protected]

SOURCE Mavenir Systems

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