Acision
| Industry | mobile communications |
|---|---|
| Predecessor | Aldiscon, CMG |
| Founded | 2007 |
|
Key people
|
Lawrence Quinn, Founder |
| Products | Messaging Infrastructure Consumer Mobility Services Enterprise Mobility Services |
| Website | Xura |
Having been acquired by Comverse, Inc. on 6 August 2015,Acision is now known as Xura, Inc. (NASDAQ: MESG), a new company launched on 9 September 2015 combing both companies. Prior to this, it was a privately held mobile communications software company specialising in messaging systems that enable popular services such as text messaging or Short Message Service (SMS), Multimedia Messaging Service (MMS), voicemail, IP Messaging, Mobile Value Added Services and Enterprise Mobility Solutions.
Before Xura, Inc. Acision's roots came from two companies:
In 1997, Aldiscon was acquired by UK-based Logica, which merged with CMG in 2002 to form LogicaCMG. Both company's wireless divisions merged into LogicaCMG Wireless Networks. Acision was born on February 20, 2007, when LogicaCMG Wireless Networks was sold for £265m (US $525m) to private investors Atlantic Bridge Ventures and Access Industries and became known as Acision. The lead investor at Atlantic Bridge (and now executive chairman at Acision), Laurence Quinn, was one of the founders of Aldiscon.
In 2015 Acision was acquired by Comverse.
In September 2015, Xura, Inc. was launched. The new joint entity changed its name to Xura, Inc. to better reflect its mission to be the trusted next-generation digital technology provider to operators and enterprises across the globe, offering communication solutions for today’s multi-device, multi-service consumer. The name 'Xura' was adapted from the word 'Aura'.
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