Xura
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| 200px | |
| Public (NASDAQ: MESG) | |
| Industry | Telecommunications software |
| Headquarters | Wakefield, Massachusetts, United States |
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Key people
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Philippe Tartavull (President and CEO) |
| Products | Digital Communications Services, Converged Communications (traditional and IP) |
| Revenue |  US $678 million (FY 2012) |
 US $5.1 million (FY 2012) |
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Number of employees
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3,000 (2015) |
| Website | www.xura.com |
Xura, Inc. (NASDAQ: MESG) is a technology company headquartered in Wakefield, Massachusetts, in the United States, that offers a portfolio of digital services that enable global communications across a variety of mobile devices and platforms. Xura markets and sells to communications service providers (CSPs) and to enterprises.
Xura, Inc. came into being on 9 September 2015, following Comverse Inc.'s acquisition of Acision on 6 August 2015.[1] The new joint entity changed its name to Xura, Inc.[2] The name 'Xura' was adapted from the word 'Aura'.[2][3] Xura will also be renaming all Comverse and Acision subsidiaries.
On May 23, 2016,[4] Xura announced agreement to be acquired by affiliates of Siris Capital Group for $25.00 per share in an all-cash deal valued at approximately $643 million.
Contents
Products and services
Xura’s products and solutions fall into three categories:
- Digital Communications:
- Xura Communications Suite.
- Messaging Infrastructure
- Call Completion
- Network Signaling Security
- Messaging Security
- Monetization
- Low Credit Services
- Advanced Value Added Services
- Enterprise
- White-label Communications Application (fuseMe)
- Secure Communications
- Rich Web and Mobile Application Development Framework (forge)[5]
History as a subsidiary
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As a subsidiary, Comverse, Inc. was incorporated on November 19, 1997,[6] as part of the larger Comverse Technology.
In August 2012, a series of transactions were announced that would end Comverse Technology as a functioning entity, by making Comverse Network Systems an independent company once again known simply as Comverse, allowing Verint Systems (the former Comverse Infosys) to buy back Comverse Technology's majority stake in it, and selling off other subsidiaries.[7][8] Philippe Tartavull was named as the CEO of the independent Comverse, and continues to be President and CO of Xura, Inc.
These transactions were completed by February 4, 2013, and represented the effective liquidation of the Comverse Technology holding entity[8][9] and the emergence of Comverse, Inc. as a fully independent company.
History as an independent company
Results for fiscal year 2011, which took place as the spin-off of Comverse from Comverse Technology was happening, demonstrated a return to profitability, with a net income of $5.1 million.[10]
In March 2015 Comverse had 3,000 employees of whom 750 were located in Israel.
During June 2015 Comverse divested its BSS business to Amdocs. In August 2015 Comverse announced it had completed the previously-announced acquisition[11] of Acision, a privately held firm that specialized in secure mobile messaging and engagement services.
On September 9, 2015, Comverse Inc. changed its name to Xura Inc.[12]
Industry recognition
Over the years, Comverse (now known as Xura, Inc) has won a number of awards within its industry, including:
- 2015 – Comverse Receives 2015 WebRTC Product of the Year Award [13]
- 2014 – Pipeline's COMET (Communication and Entertainment) Innovation Award to Comverse Evolved Communication Suite (ECS)[14]
- 2014 – TMC's Communications Solutions Product of the Year Award: Comverse ONE BSS [15]
- 2014 – TMC's Communications Solutions Product of the Year Award: Comverse Evolved Communication Suite (ECS)[15]
- 2012, 2013, 2014 – Gartner’s Leaders Quadrant: Comverse ONE BSS[16]
- 2012, 2013 – International Business Awards (Stevie): Best New Product or Service of the Year Awards (DMM Policy Studio, Analytics)[17]
- 2012 – Broadband Traffic Management (BBTM) Congress’s Best Integration of Traffic Management into OSS/BSS Architectures & Best Real-Time Charging Platforms for Customers [18]
- 2012 – Frost & Sullivan Stratecast’s Billing Global Product Line Strategy Award [19]
- 2010 – Virgo Publishing's Excellence Award for Best Cost Management Implementation [20]
- 2009, 2010, 2011, 2012 – Technology Marketing Corporation's Internet Telephony BSS/OSS Excellence Award [21][22][23][24]
- 2007 – Technology Marketing Corporation's Internet Telephony Excellence Award [25]
- 2007 – International Engineering Consortium's InfoVision Awards for Best New Product [26]
- 2007 – Technology Marketing Corporation's IMS Leadership Award [27]
- 2007 – International Engineering Consortium's Best VoIP Product or Service Award [28]
- 2005, 2006, 2007, 2008, 2009 – Frost and Sullivan's Telecom BSS Vendor of the Year Award [29][30]
- 2004 – CDMA Development Group's Innovative Solutions Award [31]
References
- ↑ http://globenewswire.com/news-release/2015/08/06/758646/10145059/en/Comverse-Completes-Acquisition-of-Acision-Creating-a-Leader-in-Digital-Communication-Services.html
- ↑ 2.0 2.1 http://www.prnewswire.com/news-releases/introducing-xura-comverse-and-acision-launch-new-global-company-fresh-brand-reflects-digital-communications-leadership-525842251.html
- ↑ http://www.betaboston.com/news/2015/09/09/comverse-no-not-the-shoe-guys-changes-name-to-xura/
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- ↑ http://forge.acision.com/
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- ↑ http://www.streetinsider.com/Corporate+News/Comverse+%28CNSI%29+Will+Change+Name+to+Xura,+Inc./10874717.html
- ↑ http://www.comverse.com/news_media/awards/comverse-receives-2015-webrtc-product-of-the-year-award//
- ↑ http://www.comverse.com/news_media/press-releases/comverse-evolved-communication-suite-wins-silver-pipeline-comet-innovation-award/
- ↑ 15.0 15.1 http://www.comverse.com/news_media/press-releases/comverse-wins-two-2014-communications-solutions-product-of-the-year-awards-/
- ↑ http://www.comverse.com/press_releases.aspx?news=comverse_leaders_quadrant
- ↑ http://www.comverse.com/press_releases.aspx?news=comverse_wins_industry_award_for_policy_extended_with_analytics
- ↑ http://www.comverse.com/press_releases.aspx?news=comverse-wins-mobile-broadband-bss-awards-2012
- ↑ http://www.comverse.com/press_releases.aspx?news=comverse-one-solution-wins-award-for-excellence
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- ↑ http://www.comverse.com/press_releases.aspx?news=internet_telephony_excellence_award
- ↑ http://www.comverse.com/press_releases.aspx?news=comverse-wins-internet-telephony-bss-oss-excellence-award
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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