STOCKHOLM, Feb. 26, 2019 /PRNewswire/ -- Enea® (NASDAQ
Stockholm: ENEA), a global supplier of network solutions, embedded
software and world class services, will expand both its portfolio
and customer base when the acquisition of a global software
business unit from Atos Convergence Creators (formerly Siemens CVC)
is finalized.
With this acquisition, Enea will expand its portfolio with new
cloud-ready products for the 5G mobile core, including UDM (Unified
Data Management), and UDR (User Data Repository), AUSF
(Authentication Server Function), and PCF (Policy Control
Function). The transaction also brings products and business with a
focus on PCRF (Policy and Charging Rules Function) and AAA
(Authentication, Authorization, and Accounting) for the fourth
generation of mobile networks.
In addition, the acquisition will strengthen Enea's position in
the converged data layer for the fifth generation of mobile
networks, a key investment area for the company. Enea is already a
leader in subscriber data management with the Stratum Cloud Data
Manager – an NFV-ready 5G telecom cloud database. The new
acquisition adds additional products and key expertise in the data
layer domain, and brings an extensive set of front-end applications
that can leverage the data layer in the mobile core.
"When we announced this acquisition in December 2018, our ambition was to complete the
transaction in March 2019. I am very
pleased that all the pieces are coming together in time for MWC.
The acquisition brings significant strategic advantages to Enea. It
strengthens our overall position in the area of cloud-based
subscriber data management. It extends our mobile core portfolio
with key applications that will allow us to cover a larger scope in
the tenders that we address. And it extends our customer base and
market reach within the telecom domain", says Anders Lidbeck, President and CEO of Enea.
The acquired business is expected to operate as a business unit
within Enea starting in March. Enea invites customers and partners
to booth 6G10 in hall 6 at the Mobile World Congress in
Barcelona, where visitors will
have the opportunity to learn more about Enea's advancements in the
mobile core domain.
Media Contact
Erik Larsson, SVP Marketing &
Communication, Enea
Phone: +33-1-70-81-19-00
E-mail: erik.larsson@enea.com
About Enea
Enea develops the software foundation for the connected society.
We provide solutions for mobile traffic optimization, subscriber
data management, network virtualization, traffic classification,
embedded operating systems, and professional services. Solution
vendors, systems integrators, and service providers use Enea to
create new world-leading networking products and services. More
than 3 billion people around the globe already rely on Enea
technologies in their daily lives.
Enea is listed on Nasdaq Stockholm. For more information:
www.enea.com
Enea®, Enea OSE®, Netbricks®, Polyhedra® and Enea® Element
are registered trademarks of Enea AB and its subsidiaries. Enea
OSE®ck, Polyhedra® Lite, Enea® ElementCenter, Enea® On-device
Management, Enea® NFV Core and Enea® NFV Access are unregistered
trademarks of Enea AB or its subsidiaries. Any other company,
product or service names mentioned above are the registered or
unregistered trademarks of their respective owners. All rights
reserved. © Enea AB 2019.
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SOURCE Enea AB