HRMavenir Systems, Inc. dba Mavenir is an American telecommunications software company, created in 2017 as a result of a three-way merger of existing companies and technologies, that develops and supplies cloud-native software to the communications service provider (CSP) market. The company is headquartered in Richardson, Texas. Mavenir’s 2019 turnover was US$427.4 million. The company had 4,100 employees and more than 250 telecoms service provider customers at the end of 2020. History Predecessor companies Mavenir has a complex corporate history as a result of successive acquisitions and spin-offs. The main historical predecessors are: Xura, which was composed of pieces of Comverse, Inc., Acision, and a number of other acquired companies. Comverse, Inc derived from Comverse Technology, was active in traditional value-added services (VAS), digital cloud services, Unified Communications (VoIP & UC), and a suite of evolved communication services. Acision was a privately held secure mobile messaging and engagement services firm. These entities were combined in 2015 to form Xura, which focused on two core product areas: digital communications services and converged communications (traditional and IP). An older entity with a similar name, Mavenir Systems, initially a company focused on transition from 3G to 4G with IMS products and solutions, founded in 2006. It acquired Airwide Solutions, Stoke and Ulticom and In 2013, the company went public on NYSE with MVNR ticker symbol. The company was acquired by Mitel Networks Corporation in 2015 to create Mitel Mobility. Ranzure Networks, a startup focused on developing 5G cloud-based radio access network technology. How it came together: In mid-2016, Xura was acquired by affiliates of Siris Capital Group in a deal that valued the company at approximately $643 million. On 19 December 2016, affiliates of Xura agreed to acquire Mitel Mobility, for $385 million, and Ranzure Networks Inc., for an undisclosed sum. The New Mavenir When the transactions completed on February 8, 2017, the newly merged company was renamed Mavenir Systems Inc., trading under the Mavenir brand. Mavenir has continued to acquire technology - including its acquisitions of Aquto, a cloud-based sponsored data platform (2018); Argyle Data (2018), a machine learning security platform; Brocade’s vEPC and ip.access (2020), a specialist small cell vendor. On 6 October 2020, Mavenir announced that it had filed a registration statement for an initial public offering (IPO) of ordinary shares on Nasdaq. Due to market volatility in the run-up to the 2020 US elections the company postponed the IPO on