It is Mobileum’s third acquisition following the purchase of WeDo Technologies in August 2019 and Evolved Intelligence in October 2018. Mobileum was acquired by Audax Private Equity in 2016.
“SIGOS is a leading company with over 500 network operators in 156 countries, including the top 100 mobile networks. The company has developed an impressive suite of technology and products that deliver great value to global telecom operators,” said Bobby Srinivasan, CEO of Mobileum.
Established in 1989 and previously owned by private equity investment firm, Thoma Bravo, the firm provides end-to-end domestic and roaming testing solutions to improve network security and service quality for mobile networks. Today the SIGOS portfolio includes the largest roaming and interconnection test system in the cloud, covering almost every country in the world. In addition to active testing, SIGOS provides mobile operators anti-fraud and revenue assurance managed service solutions.
Srinivasan added: “We are excited to partner with SIGOS and support them in the next phase of growth. As we continue to grow Mobileum, both organically and inorganically, the addition of SIGOS’ strong product portfolio and unique testing infrastructure, as well as their great technical expertise and customer footprint will help us to expand the depth and breadth of our offerings, and to further strengthen the value proposition for our customers.”
SIGOS is active across Silicon Valley, Ghent (Belgium), Nuremberg (Germany) and Singapore.
CEO Adil Kaya said: “As a leading company for active end-to-end testing in service and network quality, including active fraud detection and billing verification, we are very excited to launch with Mobileum the essential next step for our journey in 5G. The combination of both companies’ products and competencies will help create a tremendous value for mobile operators and enterprises, at a critical moment for them, as they rollout their 5G infrastructure and expand their portfolio of IoT services.
“We believe we are uniquely positioned to support that journey, being able to provide active testing and to ensure a superior network quality, while simultaneously safeguarding our customers’ network and protecting their revenue streams,” Kaya added.
