Airslide Sells Out to Soros

Airslide Systems acquired by EAS Corp., a company controlled by Soros Private Equity Investors and Oak Investment Partners

June 2, 2003

1 Min Read

NORTHBROOK, Ill. -- Privately held Airslide Systems, Inc. announced today that it has been acquired by EAS Corporation, which is controlled by Soros Private Equity Investors LP and Oak Investment Partners. Terms of the deal were not disclosed.

Based in Northbrook, IL with offices in Herzlia, Israel and Rome, Italy, Airslide Systems designs and develops solutions for wireless carriers such as the Intelligent Signaling Router or ISRTM. Airslide products allow for mobile operators and infrastructure providers to maintain subscriber growth, to create new services, and to reduce operating expenses.

Members of Airslide Systems will join Excel Switching Corporation, also recently acquired by EAS Corporation. “The acquisition by EAS Corporation will enable the migration of Airslide’s valuable and patented technology and the potential to further enhance Excel’s platforms,” remarked Marc Zionts, former President and CEO of Airslide Systems who will assume the role of CEO at Excel Switching.

Airslide Systems

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