This combination perfectly complements VPIsystems strong coverage in the mobile broadband market where carriers meet phenomenal end-user demand but, quite literally, bring their networks to a break-down. – Tito Sharma, CEO and President of VPIsystems
Holmdel, N.J. (PRWEB) March 29, 2010
VPIsystems, the leading provider of mobile network analytics and capacity management software, announced today that it acquired Elanti Systems, a leading vendor of intelligent routing software for carrier networks. The acquisition brings Elanti’s expertise in real-time IP traffic management to VPIsystems’ mobile network analytics, allowing the joint company to address the most critical existing and emerging challenges facing communications service providers today.
As part of the acquisition, the combined entity added $4 million in expansion capital to accelerate its push in the mobile market. VPIsystems’ investor group was broadened to include New Jersey-based New Venture Partners, a global venture capital firm that invests in a broad range of communications and information technology companies, and Innovation Capital, a leading Australian investment firm. Dan Deeney of New Venture Partners and Roger Price of Innovation Capital have joined VPIsystems’ board. Existing VPIsystems investors Techno Venture Management (TVM), Core Capital and Cipio Partners also participated in the financing.
Tito Sharma, CEO and President of VPIsystems, said: “This combination perfectly complements VPIsystems strong coverage in the mobile broadband market where carriers meet phenomenal end-user demand but, quite literally, bring their networks to a break-down. Every new device, application and service means an unpredictable drain on a limited amount of network capacity and bandwidth, so carriers keep asking, ‘should we launch?’, ‘at what price?’, and ‘what’s the impact on the network?’
“With the initiation of 4G network deployments, there is a tremendous requirement for traffic management from the base station to the core of the network. Our combined solution provides the intelligence and precise impact analysis of introducing these new demands onto all layers of the network”, added Mr. Sharma.
Friedrich Bornikoel, Chairman of the Board, commented: “We are delighted Elanti is joining VPIsystems. This transaction combines two highly synergistic sets of people, strategies and products which, together, yield a very compelling value proposition to our customers worldwide. Their response and support for the acquisition has been unanimously positive. We as shareholders have been similarly bullish about the opportunity for VPIsystems. The expansion round will allow VPIsystems to further accelerate the roll-out of our analytics and real-time resource management offering to mobile and other service providers.”
“VPIsystems is at the forefront of providing carriers with intelligent analytics, planning and management capabilities to maximize the value of their unevenly utilized network resources. In this highly competitive mobile broadband environment, operators have to distinguish themselves through best-in-class service delivery and innovative mobile devices while managing network capacity to deliver a desired end user experience.” said Dan Deeney, Vice Chairman of the Board.
VPIsystems provides accurate translation of subscriber, handset and application growth into network impact analysis and traffic management enabling mobile service providers to make real-time business decisions. The company’s software enables optimized solutions for the huge bandwidth requirements in backhaul and core networks. Serving the telecommunications industry since 1997, VPIsystems has been the leading vendor of design and planning applications to network operators worldwide.
Headquartered in Holmdel, NJ, and with offices in Europe, Asia, and Australia, VPIsystems' software is used by over 150 communications service providers, network equipment manufacturers and leading-edge research institutions to assess current and future capacity needs, and optimally plan QoS-constrained service networks and underlying network infrastructure. For further information, visit VPIsystems.