Mentum Planet is a robust, easy-to-use software solution that helps mobile operators, integrators and equipment vendors plan, operate and optimize wireless access networks.
Mobile operators require state-of-the-art wireless access network planning and optimization capabilities, like those Mentum Planet offers, to define and execute an effective small cell strategy that will put them in a prime position to attain a 3x better ROI for their deployments.
Country: FranceSector: Computer SoftwareTarget: Mentum
SABuyer: InfoVista SAVendor: Gimv NVType: Corporate acquisitionStatus: Closed
Providing the analysis tool with accurate detailed information derived from Mentum
Planet will increase the accuracy of the analysis.
I am excited about the vast expertise of the mobile market that the talented Mentum employees, customers and partners will bring to InfoVista," said Philippe Ozanian, CEO, InfoVista.
InfoVista's acquisition of Mentum is a natural evolution that aligns with the need for mobile operators to strike a balance between customer experience and capital efficiency triggered by the data explosion," said Philippe Catherine, CEO, Mentum.
Following completion of the transaction, which needs shareholders clearance, Mentum will seek other opportunities in the oil and gas sector to be able to generate "an attractive rate of return" for its stockholders.
A potential buy will represent a reverse takeover and will need the go-ahead of its shareholders, Mentum said in a filing with the London Stock Exchange.
The software from Mentum is expected to enable TELUS engineers to simulate wireless networks across different areas and terrains, including urban and suburban regions, to help them determine how to design cellular towers to better serve TELUS clients.
In addition to Mentum Planet software licenses, the company reportedly selected Mentum's Universal Model to provide accurate simulation for its radio frequency planning needs.
said that any transaction related to its LME trading activities would need the green light by the company's shareholders.
Under terms of the non-exclusive reseller agreement, Mentum
will have rights to distribute RF-vu globally and will also offer global technical support for RF-vu through its five international office locations.