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Announced

Completed

Audax-backed Mobileum completed the acquisition of Niometrics.

Synopsis

Audax-backed Mobileum, a provider of telecom analytics for roaming, network services, security, risk management and domestic and international connectivity testing, completed the acquisition of Niometrics, a network analytics company that provides solutions for communications service providers to develop strategies and decisions for new digital businesses, customer experience management, and network planning and optimization. Financial terms were not disclosed. "The addition of Niometrics to Mobileum's portfolio further reinforces our strategy to provide telecom operators an end-to-end analytics engine that not only strengthens their network and interconnection and assures their business, but that also provides them with the network intelligence required to grow revenues and improve customer experience as they rollout 5G and evolve their business. Niometrics' proven technology and respected team of industry experts make this acquisition a perfect fit to accelerate Mobileum's growth strategy," Bobby Srinivasan, Mobileum CEO.

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