Infovista, a pioneer in network lifecycle automation biz, has reportedly announced taking over Empirix, a Thoma Bravo portfolio company, for an undisclosed amount.
Speculations have it that the combined entity emerges out to be the only independent software retailer delivering both Enterprises and Communications Services Providers (CSPs) with a cloud-native, carrier-grade network lifecycle automation platform developed exclusively for the 5G realm.
Apparently, this acquisition would also allow Infovista to deliver unprecedented productivity and efficiency levels in managing both legacy and 5G networks worldwide. Moreover, it is further likely to support CSPs in implementing new revenue generating services from digital services, network assets, network slicing, and IoT.
Commenting on the recent acquisition pact, CEO of Infovista, Jose Duarte cited that the union of Empirix and Infovista provides all its clients a unique opportunity to leverage the benefits of robust private, IoT, and 5G networks.
Jose added that through this acquisition, the company is looking forward to expanding its presence in the European and North American economies to empower its global footprint. Furthermore, it would also strengthen the company’s ability to help the consumers accelerate their business and network transformation.
It has been reported that by partnering with Empirix, Infovista is speculating the integration of KLERITY into its product spectrum. KLERITY, as per credible reports, enriches the firm’s capabilities throughout the entire network lifecycle by deploying highly granular and end-to-end visibility and analytics across devices, applications, subscribers, networks, and services.
John D’Anna, Empirix CEO mentioned in a statement that it stands to be an ideal time for Empirix to join forces with Infovista when the industry is aiming at network slicing and 5G standalone as upcoming revolutionary engines for business growth.
Besides, the acquisition is also predicted to expand the market for KLERITY and take it to an all new level in the years to come.
According to official sources, Thoma Bravo has emerged out as a minority shareholder for Infovista, while Apax Partners chose to remain major stakeholder.
Source Credit: https://www.globenewswire.com/news-release/2021/04/21/2213988/0/en/Infovista-acquires-Empirix-extending-its-5G-Network-Lifecycle-Automation-leadership.html