M&A Deal Summary

Mobileum Acquires Developing Solutions

On June 22, 2021, Mobileum acquired software company Developing Solutions

Acquisition Highlights
  • This is Mobileum’s 2nd transaction in the Software sector.
  • This is Mobileum’s 1st transaction in the United States.
  • This is Mobileum’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-06-22
Target Developing Solutions
Sector Software
Buyer(s) Mobileum
Deal Type Add-on Acquisition

Target

Developing Solutions

McKinney, Texas, United States
Developing Solutions is a network testing software provider that focuses on core network testing for load and lab use cases covering 3G, 4G, 5G, and IP Multimedia Subsystem (“IMS”). Developing Solutions was founded in 2002 and is based in McKinney, Texas.

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Buyer(S) 1

Buyer

Mobileum

Cupertino, California, United States

Category Company
Founded 2001
Sector Software
DESCRIPTION

Mobileum is a provider of mobile telecom roaming and analytics software. Mobileum provides products including Voice and Data Roaming, Fraud Analytics, Data Monetization, Analytics for Customer Experience, and Service Performance Measurement & Assurance, which allow operator networks to deliver a superior customer experience and grow revenue. Mobileum was founded in 2001 and is based in Cupertino, California.


DEAL STATS #
Overall 6 of 8
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 6 of 8
State: Texas M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-13 Sigos

Nuernberg, Germany

Sigos offering its customers active End-to-End testing solutions to improve network security and service quality for mobile networks. Sigos was founded in 1989 and is based in Nuernberg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Convene Networks

Allen, Texas, United States

Convene Networks is a software solution provider for the Wireless and Telecommunications markets. Convene Networks supplies high availability, reliable solutions to meet customer needs, transforming the way telecommunications service providers design and grow their network. The company’s primary focus is to develop high-performance telecommunications network software solutions that are purpose-built for NFV. Convene Networks’ solutions enable service providers to rapidly scale critical mobile network nodes to meet the demands of changing networks, while also offering market-leading performance. Convene Networks helps telecommunications service providers accelerate innovation by removing the complexities of dedicated hardware platforms so that they can focus on driving their business forward. Convene Networks is based in Allen, Texas.

Buy -