M&A Deal Summary

Pareteum Acquires Artilium

On June 7, 2019, Pareteum acquired information technology company Artilium for 105M

Acquisition Highlights
  • This is Pareteum’s 1st transaction in the Information Technology sector.
  • This is Pareteum’s 0th largest (disclosed) transaction.
  • This is Pareteum’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2019-06-07
Target Artilium
Sector Information Technology
Buyer(s) Pareteum
Deal Type Add-on Acquisition
Deal Value 105M
Advisor(s) FinnCap Ltd. (Financial)
Addleshaw Goddard (Legal)

Target

Artilium

London, United Kingdom
Artilium plc is a mobile virtual network enabler (MVNE) through its own state of the art Cloud platform. The company provides a branded mobile offering complete with sim cards & control panel. ARTA is the real-time Authentication, Authorization, and Accounting (AAA) software of voice, text and 3G/4G data services, VoIP, mobile payments, etc. for telecom and virtual operators.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Pareteum

New York, New York, United States
Category Company
Founded 1962
Sector Internet Software and Services
Employees199
Revenue 69M USD (2020)
DESCRIPTION

Pareteum is a rapidly growing Global Software Defined Cloud company with a mission to connect “every person and everything.” Organizations use Pareteum to energize their growth and profitability through our Global Software Defined Cloud and complete turnkey solutions featuring relevant content, applications, and connectivity worldwide. Our cloud platform services partners (technologies integrated into our cloud) include HPE, IBM, Ribbon Communications (Sonus+GenBand), NetNumber, Oracle, Microsoft, and other world-class technology providers. All of the relevant customer-acquired value is derived from Pareteum’s leading Global Software Defined Cloud, delivering award-winning mobile enablement, regardless of the user’s location or network. By harnessing the value of communications, Pareteum serves retail, enterprise, and IoT customers. Pareteum currently has offices in New York, São Paulo, Madrid, Barcelona, Bahrain, Singapore, Indonesia, Germany, Belgium, United Kingdom, and the Netherlands. Pareteum was founded in 1962 and is based in New York, New York.

DEAL STATS #
Overall 6 of 6
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 6 of 6
Country (United Kingdom) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 Devicescape Software

San Francisco, California, United States

Devicescape Software, Inc. is a mobile location and engagement solutions provider. Devicescape uses Wi-Fi beacon network to deliver the power of high-accuracy consumer presence detection to app and SDK publishers. Devicescape Software, Inc. was founded in 2001 and is based in San Francisco, California.

Buy -
Mergr

Product

Company

Legal