Mavenir Systems completed its IPO, offering 5,450,000 shares of common stock at an initial price of $10.00 per share. The shares are not trading on the New York Stock Exchange under the ticker symbol “MVNR”.
Shares of MVNR closed on Thursday at $9.55, down 4.5% from the opening price.
Mavenir’s mOne Convergence Platform for mobile service providers supports Voice-Over-LTE (VoLTE) and Rich Communication Services 5.0, as well as Voice over Wi-Fi (VoWi-Fi) over existing 2G and 3G networks and next-generation 4G networks.
Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about Mavenir. One of the companies whose work it now carries:
ip.access built Indoor cellular small cells. What became of it?
ip.access brought Indoor cellular small cells to Wireless. That work was distinctive enough to lead to its acquisition by Mavenir. The standalone name now passes into the archive — but the team and technology continue inside Mavenir today. One of 430 names here whose work outlived the company.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
