Divestiture • Communications

NewNet Acquires Tekelec Mobile Messaging Business

On July 9, 2012, NewNet acquired communications company Tekelec Mobile Messaging Business from Tekelec Global

Acquisition Context
  • This is NewNet’s 1st transaction in the Communications sector.
  • This is NewNet’s 1st transaction in the Netherlands.
Investment Fate
  • Tekelec Mobile Messaging Business was divested to a consortium of strategic buyers in 2018.

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M&A Deal Summary

Date July 9, 2012
Target Tekelec Mobile Messaging Business
Sector Communications
Buyer(s) NewNet
Sellers(s) Tekelec Global
Deal Type Divestiture

Target Company

Tekelec Mobile Messaging Business

Amsterdam, Netherlands
Tekelec Mobile Messaging provides SMS and MMS messaging solutions to carriers and institutions globally. This business was previously called mBalance.
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Buyer Overview 1

Buyer

NewNet

Lombard, Illinois, United States

Category Company
Founded 1989
Sector Software
DESCRIPTION
NewNet's headquarters in Lombard, Illinois.
NewNet's headquarters in Lombard, Illinois.

NewNet is a provider of telecom infrastructure solutions, with products ranging from software protocols and messaging applications to systems supporting Secure Financial Transaction Processing. NewNet software protocol, messaging and mobile data solutions address the needs of wireless, IP, and wireline networks. NewNet’s scalable signaling platforms enable rapid development and deployment of a wide spectrum of carrier-grade, revenue generating and compliance applications. NewNet was originally established in 1989 and is based in Lombard, Illinois.


Deal Context for Buyer #
Overall 2 of 5
Sector: Communications 1 of 2
Type: Divestiture 1 of 2
Country: Netherlands 1 of 1
Year: 2012 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-31 Traxcom Technologies

Bensenville, Illinois, United States

Traxcom Technologies LLC provides secure transaction processing products and technologies. Traxcom’s secure transaction product Total Control 1000 currently processes more than 1.5 Billion transactions per month. Traxcom operates a global organization responsible for providing products and services to customers in North America, Central and South America, Europe, the Middle East, Africa, India, Japan and Southeast Asian countries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-20 Interact

United States

Interact Inc. provides high performance Interactive Voice Response (IVR) platforms and hosted IVR solutions along with real time charging and rating engine, enabling organizations worldwide to improve global communications.

Buy -

Seller Profile 1

SELLER

Tekelec Global

Morrisville, North Carolina, United States

Category Company
Founded 1971
Sector Software
Employees1,291
DESCRIPTION

Tekelec Global, Inc. is a provider of signaling and session control systems and software to both wireless and wireline carriers as well as cable network operators.


Deal Context for Seller #
Overall 4 of 4
Sector: Communications 2 of 2
Type: Divestiture 4 of 4
Country: Netherlands 1 of 1
Year: 2012 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-20 Tekelec - Switching Solutions Group

United States

Tekelec, Inc. - Switching Solutions Group is a provider of communication solutions.

Sell -