Tech Company M&A Transactions
Mavenir Systems Acquisition
Mavenir Systems was acquired by Mitel Networks. The acquisition was announced on 3/3/2015. Mitel Networks said the transaction price was $560 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/3/2015
Transaction Type
M&A
Amount
$560,000,000
M&A Terms
Under the terms of the merger agreement, Mitel will commence an exchange offer pursuant to which Mavenir stockholders will be entitled to elect to receive either all-cash or all-stock consideration for each share of Mavenir common stock. This will be subject to proration, in either case with a value of $11.08 plus 0.675 of a Mitel common share, or $17.94 based on the closing price of a Mitel common share on February 27, 2015.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
1700 International Pkwy. 200
Richardson, TX 75081
USA
Richardson, TX 75081
USA
Phone
Website
Email Address
Overview
Mavenir's solutions, located between the access and the core, provide an efficient, cost-effective method to introduce tomorrow's multimedia services across a multitude of access technologies, in an incremental fashion, with device and context aware intelligence.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pardeep Kohli
Chief Marketing Officer
Stefano Cantarelli
President
BG Kumar
VP - Bus. Development
Bejoy Pankajakshan
VP - Product Management
Ashok Khuntia
VP - Sales
BJ Jalalizadeh
Browse more venture capital transactions:
Prev: 3/3/2015: Greenhouse Software venture capital transaction
Next: 3/3/2015: YouMail venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs