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Liam Galin, CEO of Flash Networks
Flash Networks announced today that it has acquired Mobixell, an Israeli developer of network optimization. Transaction volume was not reported , however it is estimated that this 10-20 million. The deal is expected to be formally closed by the end of January 2014.
This acquisition results in a combined market share larger than any other independent vendor, with hundreds of deployments, serving over one billion subscribers worldwide.
Flash Networks said the acquisition will enable it to increase its market share and meet the demand for optimization , acceleration and optimization of communication services following the ” monstrous growth ” end- user devices, multimedia content richness and speed of 3G networks, 4G and LTE.
“With the growing demand for our services, the acquisition is an important step in achieving market dominance, ” said Liam Galin, CEO of Flash Networks. Claude Gas Mobixell CEO, added, ” We are pleased to join forces with Flash Networks. By combining technological expertise with our extensive customer base, Flash Networks is uniquely positioned to enjoy what we have to offer. ”
Mobixell , established 13 years ago, in 2000, by Judah Elmaleh and Amir Aharoni. The company has about 180 employees.
Mobixell’s flagship product, Seamless Access, enables mobile operators to intelligently manage, optimize, and monetize the surging mobile data and video traffic while giving subscribers an exceptional user experience.
Flash Networks, is a provider of mobile Internet optimization, with offices in North America, Europe, Latin America, and Asia.
The company Flash Networks services over 600 million subscribers daily and among its customers top-tier mobile carriers including Orange, SingTel Group, MTS, T-Mobile, South Korea Telecom, and Telekom Austria Group.