Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, a division of Mitel Networks Corporation, and Ranzure Networks, today Xura announced that upon completion the new combined company name will be Mavenir Systems.
Xura’s CEO, Pardeep Kohli, formerly CEO of Mitel Mobile’s predecessor (also named Mavenir Systems) and Co-Founder and CEO of Ranzure Networks, will lead the new company under the reactivated Mavenir name.
Xura’s CEO, Pardeep Kohli, commented: “Mavenir’s strong global brand reputation and proven track record of market-leading innovation across its product set made the name a natural choice for us. Mavenir has led multiple industry-first innovations, including the first at-scale deployments of virtualization and software defined networking to mobile core networks. Moving ahead, we will build on this success, offering evolved, cloud-proven networking solutions, from radio access and packet core to 5G applications and services. We will drive innovation and new experiences for our customers and their end users. In anticipation of the completion of the acquisition and the Mavenir Systems brand re-launch, Mitel Mobile will attend Mobile World Congress 2017 as Mavenir.”