M&A Deal Summary

Rakuten Acquires Altiostar Networks

On August 4, 2021, Rakuten acquired software company Altiostar Networks for 1.0B USD

Acquisition Highlights
  • This is Rakuten’s 2nd transaction in the Software sector.
  • This is Rakuten’s 2nd largest (disclosed) transaction.
  • This is Rakuten’s 6th transaction in the United States.
  • This is Rakuten’s 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2021-08-04
Target Altiostar Networks
Sector Software
Buyer(s) Rakuten
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Altiostar Networks

Tewksbury, Massachusetts, United States
Altiostar Networks provides 4G and 5G open virtualized RAN (Open vRAN) software that supports open interfaces and virtualizes the radio access baseband functions to build a disaggregated multi-vendor, web-scale, cloud-based mobile network. Altiostar Networks is based in Tewksbury, Massachusetts

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Buyer(S) 1

Buyer

Rakuten

Tokyo, Japan
Category Company
Founded 1997
Sector Internet Software and Services
Employees30,830
Revenue 2.07T JPY (2023)
DESCRIPTION
Rakuten office in Tokyo, Japan.
Rakuten office in Tokyo, Japan.

Rakuten is an internet services company. Rakuten provides a variety of consumer and business-focused services including e-commerce, eBooks & eReading, travel, banking, securities, credit card, e-money, portal and media, online marketing and professional sports. Rakuten Group is expanding globally and currently has operations throughout Asia, Europe, the Americas, and Oceania. Rakuten was founded in 1997 and is based in Tokyo, Japan.

DEAL STATS #
Overall 22 of 24
Sector (Software) 2 of 3
Type (Add-on Acquisition) 20 of 22
State (Massachusetts) 2 of 2
Country (United States) 6 of 7
Year (2021) 1 of 1
Size (of disclosed) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-15 Slice Technologies

Palo Alto, California, United States

Slice Technologies is a provider of online shopping organizational service. Slice Technologies was founded in 2010 and is based in Palo Alto, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 Robin.io

San Jose, California, United States

Robin.io provides cloud-native capabilities that automate deployment, scaling, and lifecycle management of enterprise and 5G applications on Kubernetes. The company’s core technology uses application bundles and application pipelines, which are automated through patented infrastructure and application-topology awareness technology. Robin.io was founded in 2013 and is based in San Jose, California.

Buy -
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