NewNet Communication Technologies, a Skyview Capital company
and a provider of mobile messaging and network signaling solutions, has made 4 acquisitions
in the last 3 years.
Besides the WiMax division from Nokia Siemens Networks, NewNet
Communication’s main acquisitions include Traxcom Technologies, 3ple-Media
and UTStarcom’s IP Messaging and US PDSN assets.
All these acquisitions were under the aegis of Ron Pyles,
who joined NewNet Communication as president and chief executive officer, in
July 2009.
On January 31, 2011, NewNet Communication Technologies
completed the acquisition of Traxcom Technologies, a global provider of secure
transaction processing platforms and advanced encryption technologies. Traxcom,
also a Skyview company, will benefit from NewNet’s globally deployed
engineering, support and sales organizations.
In October 2010, it completed the acquisition of 3ple-Media,
BV, a provider of innovative multimedia messaging solutions to wireless
carriers worldwide.
3ple-Media’s Mercury platform enables carriers to implement
highly cost effective, media rich, campaigns such as live media broadcast, mobile
advertising, streaming video and premium content subscription services.
The acquisition of 3ple-Media and the Mercury platform
represents a significant milestone in the evolution of NewNet’s product
portfolio and market focus. 3ple-media’s globally deployed employees will
become part of NewNet’s team, ensuring business and product development
continuity.
In June 2010, NewNet Communication Technologies acquired
UTStarcom’s IP Messaging and US PDSN assets. NewNet Communication also became a
reseller of the UTStarcom core IP-based product portfolio in the North America
and Latin American regions.
After acquiring Motorola Solutions’ WiMAX business from
Nokia Siemens Networks, Ron Pyles, president and CEO of NewNet, said: The
addition of the WiMAX business would enhance the breadth of NewNet’s product
portfolio, R&D capabilities, customer relationships and our overall market
position in providing wireless infrastructure solutions to carriers on a global
basis.”
By Baburajan K
[email protected]
