Mavenir Systems has announced an agreement under which Mitel Network Corporation will acquire Mavenir Systems. The announcement was made during the ongoing Mobile World Congress 2015 in Barcelona.
The acquisition of Mavenir Systems will allow Mitel to become a global leader in converged IP communications for enterprises, service providers and mobile operators.
With the merger of the two companies, Mitel strengthens its portfolio of unified communications (UCC) and rich communication services (RCS) across fixed and mobile environments. Mavenir brings Mitel the market for growth in Voice over LTE (VoLTE) and a new business unit delivering collaboration services across mobile and enterprise networks.
“We are very excited about Mavenir as a high-growth business unit for Mitel. The Mavenir brand will continue to deliver award-winning 4G LTE mobile solutions and next gen all-IP network to our customers for growth and competitive differentiation,” said a statement from Mavenir Systems.