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 Carlyle Group affiliate Buccaneer Holdings.
Syniverse has three business segments: Roaming services (the company's core technology interoperability services and call processing services; Messaging services; and Network services.
The company delivers innovative cloud-based solutions for the entire mobile ecosystem, including more than 1,500 mobile service providers, enterprises, ISPs and app providers in about 200 countries.
The company pursues new international expansion. In 2013 it opened a new Costa Rica office to provide technical and support services to customers across Latin America and beyond. That year Syniverse added points of presence (POPs) for its IPX network in Frankfurt, Germany, and Marseille, France, bring its global IPX footprint to16 POPs across North America, Asia Pacific, and Europe.
In 2012 Syniverse signed an agreement with Vodafone India Ltd, to power the mobile operator's messaging hub, which will route international SMS messages into India.
it added 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.
Mergers and Acquisitions
In 2013 Syniverse acquired Luxembourg-based MACH for approximately €550 million (US$730 million). The acquisition brought to Syniverse roaming, messaging, network, and fraud technology and services that simplify the mobile landscape.
The Carlyle Group paid about $2.6 billion in late 2010 as part of its effort to increase its wireless technology holdings.