Aicent Lands New Financing Round

  • Feed Type
  • Date
  • Company Name
  • Mailing Address
    2540 North First Street 2nd Floor San Jose, CA 95131
  • Company Description
    Leveraging our strong expertise in IP technologies, GSM/CDMA data and Internet network management, wireless data solutions, and telecommunications services, Aicent is playing a critical role in the convergence of the Internet and the wireless mobile network. Our service solutions address the most pressing needs of today’s mobile operators by enabling new high-adoption, high value services. Aicent, with its mobile operator, vendor, and service provider partners, is helping to drive mobile data industry growth as the market migrates from 2G to 2.5G to 3G and beyond.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    This investment will be used to accelerate Aicent’s 3G and 4G global data roaming initiatives including mobile WiMAX which Juniper Research predicted in December 2007 will surpass 80 million subscribers by 2013.(a) The investment will help drive WiMAX ecosystem development and service deployment worldwide and help ensure that a global, seamless mobile broadband footprint is achieved.
  • M&A Terms
  • Venture Investor
    Intel Capital