& cplSiteName &

Guavus Buys More Big Data Smarts

Ray Le Maistre
1/23/2013
50%
50%

Telco analytics systems specialist Guavus Inc. has had a pretty explosive start to 2013.

Having announced a $30 million round of financing on Jan. 14, the San Mateo, Calif.-based company has now revealed how some of that money has been used -- to buy a rival. (See Telco Analytics Firm Raises $30M.)

Guavus has acquired Montreal-based Neuralitic Systems for an undisclosed sum. Neuralitic's tools organize and extract information from data generated in mobile networks, presenting it for use by customer care and marketing teams.

Guavus believes the combination of its own tools, which sift the masses of data produced by networks, devices and subscribers for useful information, and Neuralitic's applications, which are optimized to identify the volumes of data used by each subscriber, will help it tap into additional major Tier 1 accounts. Guavus already boasts Sprint Nextel Corp. and (apparently) Verizon Communications Inc. as customers.

Neuralitic has a number of mobile operator customers, including Singapore's StarHub Pte. Ltd. and Thailand's TrueMove Co. Ltd. (See TrueMove Analyzes Data With Neuralitic.)

Since it was formed in 2007, Neuralitic had raised $20 million in VC backing from companies such as BlackBerry Partners Fund, BDC Venture Capital, Vertex Venture Capital and GO Capital LP, as well as Export Development Canada (EDC), which led its most recent round in Jan. 2011.

Analytics is one of the hottest Service Provider Information Technology (SPIT) sectors currently. It's likely to witness further M&A action in 2013 as major vendors and aggressive challengers alike look for strategic acquisitions that can cut out years of R&D work and flesh out their BSS offerings to mobile operators.

— Ray Le Maistre, International Managing Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Flash Poll
Upcoming Live Events
November 1, 2017, The Royal Garden Hotel
November 1, 2017, The Montcalm Marble Arch
November 2, 2017, 8 Northumberland Avenue, London, UK
November 2, 2017, 8 Northumberland Avenue London
November 10, 2017, The Westin Times Square, New York, NY
November 16, 2017, ExCel Centre, London
November 30, 2017, The Westin Times Square
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Muni Policies Stymie Edge Computing
Carol Wilson, Editor-at-large, 10/17/2017
Is US Lurching Back to Monopoly Status?
Carol Wilson, Editor-at-large, 10/16/2017
Pai's FCC Raises Alarms at Competitive Carriers
Carol Wilson, Editor-at-large, 10/16/2017
The Big Cable DAA Update
Mari Silbey, Senior Editor, Cable/Video, 10/11/2017
'Brutal' Automation & the Looming Workforce Cull
Iain Morris, News Editor, 10/18/2017
Animals with Phones
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed