Archive for March, 2015

Mitel to buy Richardson’s Mavenir for $560m to expand into mobile services

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Canadian telecom services provider Mitel Networks Corp said on Monday it would buy U.S.-based Mavenir Systems Inc for $560 million in a bid to expand its telephone services to the high-speed 4G LTE mobile market.

 

https://www.reuters.com/article/mavenir-systems-ma-mitel-networks/update-2-canadas-mitel-to-buy-mavenir-to-expand-into-mobile-services-idUSL4N0W44KZ20150302