Syniverse Holdings opens up new worlds of communication for its clients. The company, which operates as Syniverse Technologies, provides business and network engineering services and software for managing and interconnecting voice and data network systems. It also offers clearing and settlement services, voice and data roaming facilitation, fraud management software, and customer data analysis services to mobile operators, fixed-line carriers, and other telecommunications service providers worldwide. Customers have included Verizon Wireless and Vodafone Group. Syniverse is owned by private equity asset management firm The Carlyle Group.
The company continues to pursue new international clients, adding India-based Aircel and China-based China Unicom in 2011; Syniverse also extended its agreement with Japan-based SOFTBANK Mobile that year. The company provides Aircel with roaming business management services and China Unicom with signaling gateway systems, business intelligence application RoamMonitor, and financial clearing house services.
In 2010 Syniverse reorganized its business into three units. The company's core technology interoperability services and call processing services businesses were combined to form its roaming division, while its existing messaging services were combined with the VM3 business to become its messaging division. Its remaining network services, enterprise solutions, and number portability services were combined as the network division.
The Carlyle Group paid about $2.6 billion in late 2010 as part of its effort to increase its wireless technology holdings.
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