Mavenir to acquire ip.access.

Mavenir Systems, a provider of end-to-end cloud-native, agreed to acquire ip.access, a multinational corporation that designs, manufactures and markets small cells technologies and infrastructure equipment for GSM, GPRS, EDGE, 3G, 4G and 5G. Financial terms were not disclosed. “CBRS/OnGo in the US and shared spectrum initiatives in Europe are but a few of the potential opportunities. It’s not just consumer services anymore, but industrial private networks, professional closed group networks for financial, healthcare, leisure and hospitality, among many others. We look forward to applying our long experience in private networks to complement Mavenir’s existing portfolio in serving this hugely expanded customer base,” Nick Johnson, ip.access Founder and CTO.