Mobileum, Inc., a Cupertino, CA-based provider of analytics-based roaming and risk management solutions, acquired Evolved Intelligence Ltd, a Bristol, United Kingdom-based provider of roaming, fraud and security solutions to mobile phone operators and signaling providers worldwide.
The terms of the deal were not disclosed.
Led by Paul Gill, CEO, Evolved Intelligence, EI specializes in cloud-hosted roaming value-added services, as well as analytics-based fraud management and signaling security solutions for mobile telecommunications operators and signaling providers worldwide. EI offers a multi-protocol SS7 and Diameter Signaling Firewall that is currently securing several mobile operator networks globally.
Led by Bobby Srinivasan, CEO, Mobileum delivers analytics solutions to more than 600 Communications Service Providers across 150 countries to grow and protect existing CSP revenue streams, as well as drive new revenues through business model innovation. The company focuses on specific domains including roaming, counter fraud and security, data monetization and digital transformation. Mobileum also has offices in Argentina, Dubai, Hong Kong, India, Ireland, Jordan, Singapore and Uruguay. It has been acquired by Audax Private Equity in 2016.
EI’s expertise in deploying and managing telecom solutions in the cloud will the combined solution portfolio and benefit Mobileum’s customers and partners.
The acquisition serves to enrich Mobileum’s portfolio and strengthen its presence in Europe. Following the close of the deal, the existing EI platform and architecture will be maintained and developed for further integration with the Mobileum Active Intelligence platform.