ZURICH, June 4, 2013 /PRNewswire/ --
Creating a worldwide cloud services provider of mobile network and IT solutions
Starhome, a global provider of solutions to optimize multi-network mobility, announced today that it has signed a definitive agreement to acquire almost the entirety of MACH's data clearing and NRTRDE business within the European Economic Area (European Union countries plus Iceland, Lichtenstein and Norway), which is being divested by Syniverse. (See EC announcement). MACH is a leading provider of cloud-based managed communication services worldwide. The acquired business is a completely functional, independent entity comprising 76 mobile network operator customers (including groups and first tier MNOs), an experienced management team, dedicated employees, a fully operational service platform in Europe, and an R&D and operations center in India.
The acquisition includes full worldwide ownership of all intellectual property rights of the MACH brand, trademarks and logo; MACH Data Clearing and NRTRDE processing applications and platform; MACH MDS framework layer, MACH Smart (including MACH Dashboards), MACH Roaming Management Services (MACH RMS) and the MACH OPTIMIZER. The acquisition is contingent upon approval of Starhome by the European Commission and other applicable jurisdictions.
During 2013, Starhome and the MACH acquired business will continue to operate as separate business units to best serve their respective customers. A mutual roadmap will be developed for 2014 and beyond.
The acquisition strengthens Starhome's position as a leader in the mobile roaming value-added services industry with the addition of MACH's cloud-based solutions: data clearing, reporting, NRTRDE and business management tools.
"Acquiring the MACH divestment business is a strategic growth step for Starhome," commented Tal Meirzon, CEO of Starhome. "This move will enable us to grow in new directions and to better assist our customers with their multi-network challenges and competitive strategies. We plan to leverage the synergies between Starhome's network solutions and footprint of over 200 mobile network operators worldwide with MACH's IT services and technologies to create an end-to-end solutions and services portfolio, while bringing enhanced value to our customer base. We are very excited about the MACH management and employees who will be joining Starhome and enriching our extensive business coverage and innovation.
"We are fully committed to the high-quality service continuity and expansion of the data clearing and NRTRDE services for MACH's 76 divested business customers, as well as for MACH customers in other regions who wish to remain with the excellent MACH platform and services. With Starhome's global reach, our new MACH business will operate in all regions.
"Evolving technologies in the telecom space, such as LTE, Wi-Fi offload and M2M, place considerable demands on the industry, creating a complex multi-network environment. Starhome's vision is to be a global service provider of cloud-based solutions to optimize multi-network mobility in both the roaming and domestic markets. Joining together the expertise of our two companies is a significant step toward this goal," concluded Meirzon.
Starhome has been at the forefront of the mobile industry for over 13 years and is a leading provider of solutions to optimize multi-network mobility. Our mission as a global solutions provider is to quickly identify the latest market trends and adopt strategies to assist our customers in capturing new growth opportunities.
Today's multi-network environment is becoming increasingly complex, with converging technologies and challenges of 3G, WiFi, and LTE. To align themselves with these changes, operators are turning to Starhome as their strategic partner to best assist them in this complex environment.
With over 30 products and solutions backed by 25 technology patents, operators trust Starhome to deliver the best solutions for their current and future needs.