Mavenir Systems Buys LTE Security Gateway Company Stoke

Mavenir Systems, a leading provider of software-based networking solutions, this week announced that it has signed an agreement to acquire Stoke, expanding the company's LTE Security Gateway portfolio. Stoke is a leading provider of mobile gateway solutions to the broadband network industry and has been a market leader in the deployment of LTE Security Gateways. 

The acquisition will enable Mavenir to expand its global reach, adding strong presence in markets like Japan and South Korea as Stoke has a strong customer and partner base in key markets in APAC and EMEA. Stoke counts NTT DOCOMO and Softbank among its current customers and has built relationships with well-regarded integrators including Net One Systems, Macnica Networks in Japan and Samsung in South Korea. 

Vikash Varma , President and CEO, Stoke
We are very pleased to become part of Mavenir Systems and leverage the synergies of our strong customer and channel relationships. The Stoke product suite is a complementary addition to Mavenir’s technology. We share the same innovative approach to solving network problems for top Carriers.

Pardeep Kohli , President and Chief Executive Officer 
Upon completion of this acquisition, Mavenir will be expanding our portfolio and enhancing our expertise in security technologies at a critical juncture in 4G LTE network evolution. The transition to all-IP requires robust, high-performance security solutions at the access and interconnect points to 4G LTE networks. Combined with our Session Border Controller (SBC) and evolved Packet Data Gateway (ePDG), Stoke’s LTE Security Gateway (SEG) enables Mavenir to deliver a complete, secure, end to end solution to our customers globally. Additionally, this acquisition expedites a key part of our growth strategy by providing penetration to the Japanese and South Korean markets, and strategically positions us in the emerging small cells market. Stoke brings a strong team that understands the global security gateway market. We are delighted to have them join the Mavenir team.