Syniverse has signed a definitive agreement to acquire Aicent for cash consideration of approximately $290 million. The acquisition which is subjected to closing conditions, including receipt of regulatory approvals, is expected to expand its global communications network, drive increased service and value to customers through real-time intelligence, and extend the company’s global reach to mobile subscribers, enterprises and mobile operators in Asia.
Aicent will bring to Syniverse connectivity, roaming and interworking solutions that will ultimately enable Syniverse’s customers to deliver enhanced mobile experiences based on end-user mobile context. In particular, Aicent’s cloud-based analytic tools that dynamically monitor end-to-end customer experience and quality of service will enhance Syniverse’s real-time intelligence solutions.
According to a statement by Syniverse, the combination of Syniverse’s and Aicent’s policy-related solutions will improve the time to market of a realized mobile-context delivery solution – enabling subscribers to interact within their mobile context in real time. Moreover, Syniverse will gain additional footprint with direct connects to support its application-to-person (A2P) business, enhancing direct reach outside North America to the company’s growing list of more than 550 multinational enterprise customers.
“The proposed acquisition is an important, strategic move for Syniverse, which we expect will give us the added reach to deliver the future potential of LTE in today’s expanding mobile ecosystem. In particular, the increased direct connections we gain as part of this transaction will make it possible to deliver on the promise of mobile context via an expanded footprint for the exchange of real-time information. Our combined global network will deliver mobile service providers around the world the connectivity they need to enable their customers to use services how they want, when they want, where they want. Not only do we increase our reach as LTE leaders while adding a robust, complementary product portfolio, but we also gain employees who bring strong relationships, experience and substantial tenure across the mobile and telecommunications services markets,” Gordon said. “Our customers are our top priority, and this transaction also delivers increased in-region technology development and customer support. Upon approval and close, we will use our track record of numerous successful M&A integrations to ensure a seamless transition for our customers.”
– Jeff Gordon, President and CEO, Syniverse
“The acquisition is a good fit that will positively benefit end users and the mobile ecosystem worldwide. Syniverse’s core principles are directly aligned with those of Aicent, as we’ve both built reputations for dedication to customer focus, operational excellence, continuous improvement and growth generation”
– Marc Zionts, President and CEO, Aicent