Business Wire

Mavenir Systems, Inc. Acquires Virtual Evolved Packet Core (vEPC) Business from Brocade Communications Systems, Inc.

31.7.2017 23:05 | Business Wire

Jaa

Mavenir Systems, Inc. (“Mavenir”) the leader in accelerating and redefining network transformation for Communication Service Providers (CSPs), announced today that it has acquired assets associated with the Virtual Evolved Packet Core (vEPC) product family from Brocade Communications Systems, Inc. (“Brocade”). This acquisition extends Mavenir’s leadership in network transformation and enhances its next-generation core network with a feature-rich, virtualized evolved packet core, expanded customer base, and advanced network slicing capabilities important to 5G architectures. The transaction includes all associated Intellectual Property (IP) including 22 granted and pending patents, a research and development facility in Mumbai, India and associated customer support and maintenance contracts.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170731006071/en/

Pardeep Kohli, CEO of Mavenir (Photo: Business Wire)

Pardeep Kohli, CEO of Mavenir (Photo: Business Wire)

The explosive growth of mobile data combined with emerging machine-to-machine (M2M) and Internet of Things (IoT) connectivity means that mobile operators need native virtualization solutions now after having seen that the node based ported virtualization fails to create flexible, scalable, and easy-to-deploy packet cores. Brocade’s highly-differentiated vEPC solution has unique architectural attributes that leverage cloud computing, network virtualization, and software networking technologies to deliver higher scale and efficiency on industry-standard x86-based servers. The software can scale from a single microprocessing core to a rack of servers depending on the use case as it maps dimensions of mobile workload independently to cloud resources, while maintaining the capability to integrate with traditional node-based EPC architectures.

Combined with Mavenir’s existing Network Functions Virtualization (NFV) and software-defined networking (SDN) offerings, the vEPC is a key part of a mobile edge computing and IOT strategy. Supporting low-latency use cases at the network edge enables service providers and enterprises to connect mobile and IoT devices, data centers, and public or private clouds.

“We are building a 5G architecture with control plane-user plane separation and stateless VNFs. The small footprint, combined with a highly scalable architecture and built-in HSS, is ideal for Fixed Wireless Access (FWA), private LTE and industrial IoT spaces,” said Ashok Khuntia, GM and EVP of Mavenir’s Access Products division. “When bundled with our virtualized radio access network product, Mavenir offers a complete, fully virtualized end-to-end next generation core and access network.”

“As the industry transitions towards LTE and 5G, there is a critical and growing requirement for a new, more distributed network architecture and that includes a flexible, microservices-based EPC that allows for the independent scaling of control, data and users in response to different workloads. It provides inherent capability for network slicing,” said Pardeep Kohli, President and CEO of Mavenir. “We aim to be a key provider of next-generation network services, with a path to 5G and edge computing for our customers.”

Kohli added, “With this acquisition, Mavenir continues to deliver the innovation and differentiated services that customers expect from us.”

In connection with the transaction, Mavenir is hiring certain Brocade employees associated with the vEPC business. This team will be working closely together with Mavenir to support customers of Brocade vEPC as well as deliver differentiable end-to-end solutions in future to ensure continued support for customers.

Financial terms of the transaction were not disclosed.

About Mavenir:

Mavenir is the leader in accelerating and redefining network transformation for Service Providers, by offering a comprehensive product portfolio across every layer of the network infrastructure stack. From 4G and 5G application/service layers to packet core and RAN – Mavenir leads the way in evolved, cloud-native networking solutions enabling innovative and secure experiences for end users.

Through its industry first VoLTE, VoWiFi, Advanced Messaging (RCS), Multi-ID, Visual Voicemail and Cloud RAN solutions, and serving 350+ CSPs across 3.5 billion subscribers, Mavenir’s platform enables Service Providers to successfully deliver their next generation vision today and realize new revenue streams and operational efficiencies. www.mavenir.com.

Contact information

Media:
Mavenir Systems, Inc.
Maryvonne Tubb, +1 972-333-7282
pr@mavenir.com
or
Hotwire PR
Hannah Lock / Dom Conolly
+44 (0) 207 608 2500
mavenir@hotwirepr.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme tältä julkaisijalta, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Ford Names New Chairman and CEO for Ford China; New Vice President of Powertrain Engineering24.8.2017 01:00Tiedote

Ford Motor Company today announced a new chairman and CEO of Ford China and head of Powertrain Engineering as it continues to strengthen its global leadership team. Jason Luo is named chairman and CEO Ford China. In his new role, Luo will lead all of the company’s operations in Greater China including its import business, Lincoln, its passenger car joint venture Changan Ford, commercial vehicle investment in Jiangling Motors Corporation, and our operations in Taiwan. Luo, 51, joins Ford from Key Safety Systems, the fastest growing company in the automotive safety market, where he was global president and CEO for the past 10 years. While at Key Safety Systems, he led the business transformation and global expansion of the company and achieved significant revenue growth in China. Luo will be based in Shanghai, reporting to Peter Fleet, Ford group vice preside

Tech21 Announces New Collection Designed to Protect the Samsung Galaxy Note8 Drop After Drop.23.8.2017 20:30Tiedote

Tech21, the leader in impact protection for mobile devices, today announced a new collection of innovative cases and screen shields for the Samsung Galaxy Note8 made of unique, patented impact protection materials that guarantee the most effective drop protection on the market. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170823005888/en/ Evo Tactical for Samsung Galaxy Note8 (Photo: Business Wire) Tech21 products are designed to protect, drop after drop. The company does this by using scientifically proven impact materials, innovative design and a rigorous testing methodology developed in partnership with the National Physical Laboratory. Tech21 cases are drop tested 20 times to ensure durability and long lasting protection able to withstand the multiple drops that occur in the everyday

2018 AQR Insight Award Call for Papers23.8.2017 18:45Tiedote

AQR Capital Management, LLC (“AQR”) today began accepting submissions for the seventh annual AQR Insight Award. The AQR Insight Award recognizes and rewards exceptional academic papers that have practical applications and offer original, intelligent approaches to issues in the investment world. Up to three papers share a $100,000 annual prize. Winners are chosen by the AQR Insight Award Committee, a panel of senior members of the firm, many of whom are leading academic finance experts from top universities. AQR will accept papers on any investment-related topic as long as they deliver clear, significant insights. Papers must not be published before October 1, 2017. The deadline for entries is November 1, 2017. The Committee will then narrow the finalists to five papers, and the authors of those papers will be invited to present their research to

ANA Announces New Online Content "IS JAPAN COOL? DOU"23.8.2017 18:00Tiedote

Today, All Nippon Airways Co., Ltd. (ANA), Japan’s largest and only 5-Star airline, is proud to announce the launch of its new online content “IS JAPAN COOL? DOU,” which illustrates traditional Japanese culture through the use of cutting-edge technology. This content can be seen on “IS JAPAN COOL?,” a website that promotes tourist destinations and popular Japanese cultures to the world. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170823005024/en/ "IS JAPAN COOL? DOU" TOP (Graphic: Business Wire) While Japan is widely known for its unique pop culture, “IS JAPAN COOL?,” which launched in 2012, has put much of its focus on promoting Japan’s modern culture. As the number of tourists visiting Japan exceeded 24 million people as of 2016, the project aims to provide a deeper understa

Emailage Receives $10 Million Growth Equity Investment to Accelerate Global Expansion23.8.2017 17:00Tiedote

Emailage, the leading provider of global fraud prevention and identity verification using email address scoring, today announced that it has received a $10 million growth equity investment. Anthos Capital led the investment, with participation from Radian Capital, Wipro Ventures, Mucker Capital and Tallwave Capital. Emailage will use the funding to expand existing partnerships, further advance its powerful email address-based predictive scoring system, and accelerate growth in North America, EMEA, LATAM and other key markets. “This investment will allow us to continue our rapid growth, enhance our leadership position in the online fraud detection market and deliver significant fraud prevention capabilities to businesses around the world,” said Emailage CEO Rei Carvalho. Emailage’s Software-as-a-Service solution delivers powerful, real-time risk intelligence by leveraging the

Westinghouse to Provide Fuel to PSEG’s Salem Nuclear Generating Station Through Continued Partnership23.8.2017 15:15Tiedote

Westinghouse Electric Company today announced that it has signed a nuclear fuel contract extension with PSEG, a major supplier of nuclear power in New Jersey, to continue providing fuel assemblies for both units at the Salem Nuclear Generating Station. “Westinghouse has been the single-source fuel provider for PSEG’s Salem plant since its start of operations more than 40 years ago, and we are pleased to continue to support this important and long-standing customer through the delivery of safe, reliable high-performance fuel,” said David Howell, president, Americas Region, and chief growth officer at Westinghouse. “This continued partnership is recognition of our reliable fuel performance and confirmation of the important trust PSEG has in Westinghouse.” Under the terms of the contract, Westinghouse will deliver its 17x17 Robust Fuel Assemblies, known as RFA-2. The design of

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme