PRESS RELEASE: Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”, Nasdaq: MITL, TSX: MNW), and Ranzure Networks, Inc. (“Ranzure”), today Xura announces that upon completion of the transactions, the new combined company name will be Mavenir Systems, Inc. (“Mavenir Systems” or “Mavenir”). Affiliates of Xura completed the previously announced acquisition of Ranzure Networks on February 1, 2017. Continue reading Xura to change company name to Mavenir Systems upon completion of Mitel Mobile acquisition
Category Archives: Acquisitions & Mergers
LANDESK and HEAT Software Merge to Form Ivanti
PRESS RELEASE: Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced it has completed the acquisition of LANDESK. In conjunction with the transaction close, LANDESK and HEAT Software announced the two organizations have united under a new corporate name: Ivanti. Continue reading LANDESK and HEAT Software Merge to Form Ivanti
LogMeIn Completes Merger with Citrix’s GoTo Business
LogMeIn announced the completion of its previously disclosed merger with Citrix Systems, Inc.’s GetGo, Inc. subsidiary, a wholly owned subsidiary consisting of Citrix’s GoTo family of service offerings. The merger officially closed after market hours on January 31, 2017. Continue reading LogMeIn Completes Merger with Citrix’s GoTo Business