Mobileum Buys WeDo Technologies

Mobileum Buys WeDo Technologies Image Credit: Wrightstudio/Bigstockphoto.com

Mobileum, a leading global provider of analytics-based roaming and risk management solutions, announced the acquisition of WeDo Technologies. This is the second acquisition Mobileum has completed, following the purchase of Evolved Intelligence in October 2018.

Headquartered in Lisbon, Portugal, WeDo is a leader in risk and business management solutions for communication service providers (CSPs) globally, helping them to drive revenues, mitigate risk, and prevent fraud on their networks. WeDo’s rich and exhaustive portfolio of products and solutions is backed by advanced analytical insights, consulting, professional and managed services.

The acquisition also serves to strengthen Mobileum’s presence globally. The existing WeDo platform and architecture will be maintained and developed for further integration with the Mobileum Active Intelligence platform. Mobileum and WeDo will have a combined team of over 1,100 employees across more than 30 global locations, serving more than 700 customers in over 180 countries. 

Rui Paiva, CEO, WeDo Technologies
The combined business offers our customers a richer and more diverse portfolio of solutions in the domains of Revenue Assurance, Fraud Management, Network Security, Roaming and Interconnect. 

Bobby Srinivasan, CEO, Mobileum
As we continue to grow Mobileum, organically and inorganically, the addition of WeDo’s strong product engineering, customer footprint, consulting and services teams to our existing talented workforce around the world will allow us to expand the depth and breadth of our offerings. 

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

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