Business Wire

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

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

HCL Technologies Powers Volvo Ocean Race 2017-1823.10.2017 16:02Tiedote

The 2017-18 edition of the Volvo Ocean Race was flagged off at Alicante, Spain, with HCL Technologies as the strategic IT services provider. The leading global IT services company has provided end-to-end infrastructure support as well as connectivity between the Race Village and the Command Centre in Alicante further connecting them to 12 Host Cities on the race route globally. The world's longest and toughest professional sporting event began at Alicante and will finish eight months later at The Hague. At the flag-off, Jordi Neves, Chief Digital Officer, Volvo Ocean Race, said: “Over four decades, Volvo Ocean Race has drawn some of the greatest ever sailors. This edition of the race will be more digitally focused than before, with HCL as the strategic IT services provider. This edition is also special for us as we embark on a major Sustainability Program in partnership wi

CES Unveiled Paris Returns Tomorrow for Fifth Year with 70+ Exhibitors23.10.2017 16:00Tiedote

Consumer Technology Association (CTA):   WHAT:             CES Unveiled Paris returns to Paris tomorrow, for its fifth consecutive year, hosting more than 70 exhibitors. More than 600 attendees are expected at the event which will unite French tech startups, top media, buyers and industry influencers around the latest tech innovation and provide a preview of CES® 2018. Schedule as follows:  

Wipro Cited as a Leader in Everest Group PEAK Matrix™ for IT Security Services23.10.2017 15:59Tiedote

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been recognized as a ‘Leader’ by Everest Group, a global independent consulting and research firm, in its report titled “IT Security Services- Market Trends and PEAK MatrixTM Assessment 2017: Security- the Biggest Digital Insecurity”. The report analyzed the capabilities of 17 leading global IT service providers on Everest Group’s PEAK Matrix. Wipro has been named as a Leader for its strong global delivery network with a transformational mind-set, and its ability to deliver high quality of services across regions and service segments, in terms of both execution and responsiveness. The report highlights the trends influencing the IT security services market, focusing on the increasing complexities, size and

ZeroStack Delivers Unified Multi-Cloud Application Development Platform Leveraging Existing Hardware Assets23.10.2017 15:00Tiedote

ZeroStack, Inc., creators of the self-driving on-premises cloud, today announced that its cloud platform now runs on Nutanix HCI hardware, expanding choices for IT departments that want to empower their DevOps groups with a software-defined infrastructure that offers SaaS-delivered, multi-cloud operations. Developers can have a consistent platform no matter where they are located while reducing operational complexity and costs. Developers need a common platform to reduce costs and ensure efficient processes for software development, and budget-constrained IT departments want to gain maximum leverage out of existing hardware. ZeroStack’s Intelligent Cloud Platform is hardware independent, so it enables consistent processes regardless of the hardware used or where the developers access the infrastructure. As a result, developers can create secure private workspaces and build a per

Biogen and Eisai Expand Existing Collaboration Agreement to Develop and Commercialize Investigational Alzheimer’s Disease Treatments Including Phase 3 Aducanumab23.10.2017 14:15Tiedote

Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Eisai”) and Biogen Inc. (NASDAQ: BIIB) (Headquarters: Cambridge, Massachusetts, United States, CEO: Michel Vounatsos, “Biogen”) announced today that the companies have expanded their existing agreement to jointly develop and commercialize investigational Alzheimer’s disease treatments. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171023005462/en/ Under the terms of the agreement Eisai has exercised its option to co-develop and co-promote aducanumab, Biogen’s investigational anti-amyloid beta (Aβ) antibody for patients with Alzheimer’s disease (“AD”). The expanded agreement leverages each company’s respective geographic strengths for commercialization and adjusts the respective share of profits from potential sales of aducanumab. Biogen will receive 55

Open Letter from Mats Granryd, Director General, GSMA23.10.2017 14:01Tiedote

Dear Ministers, As you are no doubt aware, European citizens and businesses rely on mobile networks to socialise, do business and access information everyday in every corner of every Member State of the Union. The social and economic activity that rides over this digital infrastructure drives economic growth, shapes future innovation and fosters more inclusive societies. As you prepare to convene at tomorrow’s Ministerial Council Meeting, I must express my grave concerns on the current state of discussions on the proposed European Electronic Communication Code (the Code). Although the European Union’s vision of a ‘Gigabit Society’, and recent discussions amongst the European Heads of State, demonstrate a strong ambition to recapture the region’s digital leadership and harness the full power of digital to drive growth, jobs and competitiveness, we do not see action foc

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