M&A Deal Summary

Ribbon Acquires ECI Telecom

On November 14, 2019, Ribbon acquired communications company ECI Telecom for 324M USD

Acquisition Highlights
  • This is Ribbon’s 4th transaction in the Communications sector.
  • This is Ribbon’s largest (disclosed) transaction.
  • This is Ribbon’s 1st transaction in Israel.

M&A Deal Summary
Date 2019-11-14
Target ECI Telecom
Sector Communications
Buyer(s) Ribbon
Deal Type Merger
Deal Value 324M USD
Advisor(s) Barclays Investment Bank
Citizens Capital Markets (Financial)
Davis Polk & Wardwell (Legal)

Target

ECI Telecom

Petach Tikvah, Israel
ECI Telecom is a global provider of ELASTIC network solutions to service providers, critical industries and data center operators. With the advent of 5G, IoT and smart everything, traffic demands are increasing dramatically, and network operators must make smart choices as they evolve their infrastructure. ECI's Elastic Services Platform leverages its programmable packet and optical networking solutions, along with its service-driven software suite and virtualization capabilities, to provide a robust yet flexible solution for any application. ECI solutions are tailored for the needs of today, yet flexible enough to meet the challenges of tomorrow.

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Buyer(S) 1

Buyer

Ribbon

Plano, Texas, United States
Category Company
Founded 1997
Sector Technology Hardware
Employees3,107
Revenue 826M USD (2023)
DESCRIPTION

Ribbon is a provider of SIP and 4G/VoLTE communication equipment solutions to its customers by enabling and securing mission critical traffic for VoIP, video, IM, and online collaboration. Ribbon was founded in 1997 and is based in Plano, Texas.

DEAL STATS #
Overall 9 of 9
Sector (Communications) 4 of 4
Type (Merger) 2 of 2
Country (Israel) 1 of 1
Year (2019) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-04 Anova Data

Westford, Massachusetts, United States

Anova Data is a provider of web‐scale analytics solutions unleashes the full value of subscriber and network data insight, enabling operators to get ahead of unprecedented subscriber data growth and take back control of their networks. Anova Data’s Monetization Insight is part of a broad portfolio of analytics that drives significant financial performance for operator top‐line growth, middle‐line experience management, and bottom‐line savings through real‐time or in‐time insights. Anova Data was founded in 2006 and is based in Westford, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-05 Kandy Communications

Pleasanton, California, United States

Kandy Communications is a cloud-based, real-time communications platform offering proprietary UCaaS, CPaaS, and CCaaS capabilities. Kandy enables service providers, enterprises, software vendors, systems integrators, partners, and developers to enrich their applications and services with real-time contextual communications, providing a more engaging user experience. With Kandy, companies of all sizes and types can quickly embed real-time communications capabilities into their existing applications and business processes. Kandy was formed in 2014 and is based in Pleasanton, California.

Sell -
Mergr

Product

Company

Legal