Mitel Mobility, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Mitel Mobility, Inc. - overview
Location
Richardson, TX, US
Primary Industry
Telecoms
About
Based in the US, Mitel Mobility, Inc. , aka Mitel Mobile operates as a software-based telecommunications networking provider focused on internet protocol (IP)-based voice, video, rich communications and enhanced messaging services to clients. In 2017, Xura, Inc, a portfolio company of Siris Capital and Cohesive Capital Partners, agreed to acquire Mitel Mobility, Inc. , a division of Mitel Networks Corporation for USD 350 million in cash, along with a USD 35 million non-interest bearing promissory note and equity interest in Siris Capital to merged along with Ranzure Networks and form Mavenir Systems.
Current Investors
Mavenir Systems, Inc., Austin Ventures, North Bridge Venture Partners
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services, Telecoms Towers & Infrastructure
Verticals
Mobile Apps
Company Stage
Merged
Total Amount Raised
Subscriber access only
Mitel Mobility, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Mitel Mobility, Inc., Ranzure Networks Inc., Xura, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Mitel Mobility, Inc. | - | ||||||||
| Add-on | Completed | Mitel Mobility, Inc. | - | ||||||||
| Trade Sale | Completed | Ulticom, Inc. | - |
Displaying 1 - 4 of 4
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.