Mobileum Inc. (“Mobileum”), a leading global provider of analytics solutions for roaming and network services, security, risk management, and testing and surveillance, announces the acquisition of Convene Networks, a technology provider of integrated core network solutions for 3G / 4G / 5G networks.
The acquisition expands Mobileum’s core network technology by expanding its portfolio of 5G core (“5GC”) solutions and commercial off-the-shelf (“COTS”) 5G -in-a-box for small carriers and private networks.
This acquisition follows on from the recent acquisition of Developing Solutions and is in line with Mobileum’s growth strategy since it was acquired by Audax Private Equity in 2016 as the company continues to build an integrated suite of analytics solutions to help telecom operators adopt 5G, the Support the introduction of new IoT services and the acceleration of their digital transformation.
Mobileum’s Active Intelligence platform is a leading telecommunications-focused analytics technology that supports roaming, network services, security, risk management and testing. Convene Networks will expand its core network capabilities by providing network elements necessary to support a fully virtualized, secure infrastructure, and by extending critical 5G core authentication, subscription management and analytics functions.
With these new capabilities, Mobileum can offer telecom operators a broader 5G network offering, delivered as an integrated package that is scalable, highly efficient and that can be used to support small carrier and private network use cases.
“Convene Networks is an outstanding technology company with a number of innovative products that will help accelerate our 5G growth strategy. Mobileum’s portfolio of network solutions helps service providers monetize their network and service environments, enabling them to deliver next-generation B2B and B2C services with unprecedented efficiency.
This acquisition strengthens our foundation and expands our solutions at the core of 5G and provides a ‘stronghold’ for building and developing our 5G vision, “said Bobby Srinivasan , CEO of Mobileum .
Convene Networks’ product portfolio, including ConveneGSC GTP routing and session controllers, ConveneHSS Home Subscriber Server, ConveneEIR Equipment Identity Register, will be integrated into Mobileum’s Active Intelligence portfolio and the Convene Networks engineering team will become the team of core network experts from Mobileum.
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