Acquisition aimed at further strengthening Nokia Networks’ expertise in multivendor Self-Organizing Networks
Bothell, Washington USA – 27 May 2015 – Eden Rock Communications, LLC (“Eden Rock”) announced today that it has signed an agreement with Nokia Networks for the acquisition of Eden Rock by Nokia Networks. Through this acquisition, Nokia Networks will gain access to Eden Rock’s multivendor Self Organizing Network (SON) solution, Eden-NET, to integrate and include within its product portfolio. The transaction is expected to close during the third quarter of 2015.
Eden Rock’s Eden-NET solution is the industry’s leading, proven, centralized, multivendor, SON solution for GSM, UMTS and LTE networks. Embedding Eden Rock’s patented technologies, the Eden-NET SON Modules autonomously deliver peak network performance, network reliability and operational efficiencies. Developed from the ground-up to address operators’ emerging needs for SON, Eden-NET provides an open framework with a Software Development Kit (SDK) that accelerates the creation, customization and deployment of custom SON Modules. Additionally, Eden Rock offers its rich toolbox of off-the-shelf SON Modules have been proven at-scale across diverse networks globally.
SON is one of the fastest growing and most important segments within the mobile broadband industry. Eden Rock is experiencing strong demand for its Eden-NET solution among operators across the globe. With Nokia Networks’ scale and global presence, it is extremely well positioned to address the urgent needs in the emerging SON market space.
Peter Patomella, Vice President, CEM and OSS, Nokia Networks, said: “The size of the optimization and SON market is expected to exceed 5 billion Euros globally by 2018*. With our combination of capabilities, we will effectively address a key customer pain point: efficient optimization of heterogeneous networks in a multivendor environment. By combining our products, we will accelerate the delivery of a compelling solution that offers powerful automated network optimization capabilities that achieve best-in-class performance and customer experience.”
Charles Immendorf, CEO, Eden Rock, said:“A massive appetite exists among operators for a proven SON solution with disruptive technologies, open framework and carrier-class capabilities. Via this acquisition, Nokia Networks brings complementary SON functionality, a renowned reputation for wireless excellence and an ascending market presence to Eden-NET. We welcome the opportunity to work with Nokia and together aim to establish an insurmountable lead within the global SON space.”
As a part of this acquisition process, Eden Rock will spin-off a new company with its spectrum sharing solutions, technology and patents. Developed in conjunction with several government programs, these technologies enable LTE networks to coexist in the same spectrum with government communications systems, radar systems, and/or external mobile networks. An additional announcement will follow on this new company at the close of the transaction with Nokia Networks.
TAGS: Eden Rock, Nokia Networks, M&A, Self-Organizing Networks, SON, Acquisition, Mobile Broadband, Mobile Network Optimization
By focusing on the human possibilities of technology, Nokia embraces the connected world to help people thrive. Our three businesses are leaders in their fields. Nokia Networks provides broadband infrastructure software and services, HERE provides mapping, navigation and location intelligence, and Nokia Technologies provides advanced technology development and licensing. www.nokia.com
Nokia Networks, which provides broadband infrastructure, software and services, operates at the forefront of our industry. From the first ever call on GSM to the first call on LTE, we have set the pace of innovation, a record that continues with future technologies such as 5G. Together with our operator customers, who serve close to 5 billion subscribers, we are embracing the opportunity of the connected world and helping to solve its challenges.
About Eden Rock Communications
Founded in 2007, Eden Rock Communications is a pioneer in the SON space and creator of an industry leading multi-vendor, multi-technology, centralized SON solution, Eden-NET. Protected by 26 issued and 70+ pending patents, Eden Rock’s transformational SON technologies deliver the ultimate in network performance, network reliability and operational efficiencies. Developed from the ground-up to address operators’ emerging needs for SON, Eden-NET provides a highly extensible SON operating system and has inspired a new paradigm of SON collaboration. The Eden-NET SON solution has been proven at-scale, providing SON functionality to over 1 million cells and 60 million subscribers globally.For more information, visit www.edenrockcomm.com .
Cara Mormino, Media Relations Director
Eden Rock Communications
+1 847 243 3000
* Infonetics SON and optimization software market forecast October 2014