Xura Agrees to Acquire Mitel Mobile and Ranzure Networks
Summary
Xura agreed to acquire Mitel Mobile and Ranzure Networks to build a larger software-focused telecom infrastructure company. The combined business will target 5G-ready, fully virtualized mobile network solutions for communications service providers. Xura also named Pardeep Kohli as CEO of the combined company and added Krish Prabhu to the board. The deal aims to expand the product portfolio across voice, messaging, radio access, and packet core software while improving scale and operational efficiency.
AskAI Classifications
Sectors
Telco and ISP
Telecom Software,OSS, BSS
Functions
Sales and Customer Experience
General Sales Software
Business Intelligence and Analytics
