M&A Deal Summary

Mavenir Acquires Xura

On February 8, 2017, Mavenir acquired information technology company Xura from Siris Capital Group

Acquisition Highlights
  • This is Mavenir’s 3rd transaction in the Information Technology sector.
  • This is Mavenir’s 3rd transaction in the United States.
  • This is Mavenir’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2017-02-08
Target Xura
Sector Information Technology
Buyer(s) Mavenir
Sellers(s) Siris Capital Group
Deal Type Merger

Target

Xura

Wakefield, Massachusetts, United States
Xura is a provider of IT solutions to global communications across a variety of mobile devices and platforms. The company helps communication service providers (CSPs) and enterprises navigate and monetize the digital ecosystem to create innovative, new experiences through our cloud-based offerings. Xura was founded in 1997 and is based in Wakefield, Massachusetts.

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Buyer(S) 1

Buyer

Mavenir

Richardson, Texas, United States

Category Company
Founded 2017
Sector Information Technology
DESCRIPTION

Mavenir provides end-to-end cloud-native Network Software providers and a provider in accelerating software network transformation for communications service providers (CSPs). Mavenir was founded in 2017 and is based in Richardson, Texas.


DEAL STATS #
Overall 3 of 7
Sector (Information Technology) 3 of 3
Type (Merger) 3 of 3
State (Massachusetts) 1 of 2
Country (United States) 3 of 6
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-08 Ranzure Networks

Richardson, Texas, United States

Ranzure Networks is a developer of 5G Cloud Radio Access Network (“RAN”) technology. Ranzure Networks was founded in 2016 and is based in Richardson, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 Aquto

Boston, Massachusetts, United States

Aquto Corp. is a cloud-based sponsored data platform to portfolio of carrier revenue generation products by building a bridge to the mobile marketing and advertising ecosystems.

Buy -

Seller(S) 1

SELLER

Siris Capital Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2011
PE ASSETS 2.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Siris Capital Group is a private equity firm focused on control investments in technology, telecommunications, and healthcare companies. Siris looks to acquire large companies valued from $250 million to $2 billion. The Firm was spun out of hedge fund SAC Capital Advisors in 2011. Siris Capital Group is based in New York City.


DEAL STATS #
Overall 3 of 9
Sector (Information Technology) 1 of 3
Type (Merger) 1 of 1
State (Massachusetts) 2 of 3
Country (United States) 3 of 8
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-08 Mavenir

Richardson, Texas, United States

Mavenir provides end-to-end cloud-native Network Software providers and a provider in accelerating software network transformation for communications service providers (CSPs). Mavenir was founded in 2017 and is based in Richardson, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 IntraLinks Holdings

New York City, New York, United States

IntraLinks Holdings, Inc. is a global content collaboration company that provides cloud-based solutions to control the sharing, distribution and management of high value content within and across organizations according to the highest-level of security and the most stringent compliance regulations. Over 90,000 clients, 99% of the Fortune 1000 companies, have depended on Intralinks to digitally transform and simplify critical business processes, and secure high-value information. With a 20-year track record of enabling high-stakes transactions and business collaborations valued at more than $31.3 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration technology.

Buy $1.0B