Info Image

Roaming Solutions Vendor Mobileum Acquired by Audax Private Equity

Roaming Solutions Vendor Mobileum Acquired by Audax Private Equity Image Credit: Mobileum

Mobileum has been acquired by Boston, Massachusetts-based Audax Private Equity(Audax), a private equity firm focused on building leading middle market companies.

Mobileum provides roaming and big data analytics solutions to telecom service providers in the United States and internationally. 

With this partnership, Mobileum expects to continue to consolidate its position as a market leader in Roaming systems while strengthening its rapidly growing analytics solutions portfolio. The entire leadership and management team will remain with the organization through this change of ownership.

Previously known as Roamware, Mobileum was founded in 2001 and claims that it has since sold its roaming and analytics solutions to over 600 Mobile Operator customers worldwide.

In 2014, Mobileum added a suite of innovative, analytic-driven solutions to its product portfolio to broaden its reach and value outside of Roaming.

Bobby Srinivasan, CEO of Mobileum
Analytics enabled back-end systems coupled with conversational engagement solutions will be key catalysts in helping CSPs to compete and re-position themselves in the new digital economy and those that can best combine these solutions will thrive.

Geoffrey Rehnert, Co-Chief Executive Officer of Audax
The company has developed an impressive suite of Analytics and Roaming products, making it an essential partner for mobile telecom carriers as they work to improve the roaming experience for their customers. We’re excited to partner with the team and support them in this next phase of growth.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Service Assurance Startup Moogsoft Raises $30M from Singtel & Others

NEXT POST

Samsung Acquires NewNet to Bolster RCS Offering