Mavenir to buy Stoke

Thursday 13 November 2014 | 11:26 CET | News
Software-based networking equipment provider Mavenir Systems has agreed to acquire LTE security gateway provider Stoke. Mavenir said the deal will expand its global reach, adding a strong presence in markets like Japan and South Korea. The buy will add LTE Security Gateways to its security product portfolio and propel it into the small-cell market with its own high performance gateway product. The acquisition is expected to close before 24 November, subject to the usual closing conditions.

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Categories: Mobile & Wireless
Companies: Mavenir Systems / Stoke
Countries: World
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