Keynote, a portfolio company of Thoma Bravo, has acquired Meucci Solutions NV. No financial terms were disclosed. Based in Belgium, Meucci is a provider of mobile fraud solutions.
SAN MATEO, Calif.–(BUSINESS WIRE)–Keynote, the global leader in mobile and website cloud testing & monitoring, has acquired Meucci Solutions NV, the global leader in mobile fraud detection and end-to-end Quality of Service (QoS) monitoring. Meucci will become a wholly-owned subsidiary of Keynote reporting into Keynote SIGOS. It will continue to provide uninterrupted support to customers from Gent, Belgium.
“The acquisition brings together two market leaders – Meucci in mobile fraud detection and end-to-end Quality of Service monitoring and Keynote SIGOS in automated end-to-end active testing of telco networks, providers and services – to establish Keynote as the world’s leading provider of fraud detection and end-to-end testing and monitoring solutions for mobile communication companies,” said Jennifer Tejada, President and Chief Executive Officer of Keynote.
SIM box fraud, or the interception of international calls and theft of interconnection fees, is a growing problem for the telecommunications and wireless industry within emerging markets, costing network operators and governments globally an estimated $2.9 billion every year. SIM boxes also cause service quality deterioration, damage company brands and increase the risk of customer churn.
Meucci is the clear market leader for mobile fraud solutions, offering the most advanced SIM box detection technology and experiences, the broadest coverage of routes, fast integrated reporting and best-in-class customer service. With a highly complementary product portfolio, large customer base and a robust platform capable of hosting other services such as roaming QoS and revenue assurance, Meucci provides Keynote with a highly scalable platform for future growth.
Meucci brings to Keynote a world-class service delivery team consisting of 47 people, worldwide coverage of carrier routes and VoIP subscriptions and an extensive calling card platform. With more than 100 customers across 80 countries, Meucci has extensive experience testing interconnect and roaming quality of customer networks, as well as detecting bypass fraud and implementing roaming agreements.
“Through the combination of Meucci’s solutions with the Keynote SIGOS product portfolio and a highly sophisticated, scaled technology platform, we will be able to provide our customers with additional high value services and solutions that enable significant and quick returns on their investment by reducing the financial impact of fraud,” said Jennifer Tejada.
“Joining forces with Keynote is a logical next step for Meucci Solutions, providing us with the size and strength to continue to innovate in the areas of mobile fraud detection and measuring Quality of Service,” said Peter Brotherton, Chief Executive Officer of Meucci Solutions. “The acquisition by Keynote is great validation of the company we have built over the past 10 years, from the quality of our solutions to the extensiveness of our network platform and expertise of our people.”
The acquisition of Meucci Solutions is the first by Keynote since becoming privately owned five months ago by Thoma Bravo, LLC, a leading private equity investment firm.
Keynote® is the global leader in cloud–based testing, monitoring and analytics for mobile and web, optimizing the value of every digital interaction, enhancing user experience and driving business value through online performance. The company runs the world’s largest cloud testing, monitoring and analytics network in the world and collects over 700 million mobile and website performance measurements daily. In 2012 Keynote was recognized by Forbes Magazine as “One of the Best 100 Companies in America.” Keynote is a Thoma Bravo portfolio company and offers four market-leading product platforms:
Keynote Perspective®, long-time established leader in on-demand performance monitoring for enterprise Web and mobile sites including online portals, e-commerce and B2B sites.
Keynote DeviceAnywhere®, the industry’s leading cloud-based software platform for automated QA testing and monitoring of mobile apps and websites on real smartphones and tablets.
Keynote SIGOS®, the global leader in automated end-to-end active testing of telecommunications networks and services in over 130 countries worldwide. The Keynote SIGOS SITE and Global Roamer products are used by over 350 network operators, content providers, carriers and regulators in over 130 countries worldwide.
Meucci Solutions, the global leader in mobile fraud detection services and end-to-end Quality of Service (QoS) monitoring.
Keynote customers represent top Internet and mobile companies and include AT&T, Disney, eBay, E*TRADE, Expedia, Google, Microsoft, Sony Mobile Communications AB, T-Mobile and Vodafone. Keynote Systems, Inc. is headquartered in San Mateo, California and can be reached at http://www.keynote.com/ or by phone in the U.S. at 1-855-KEYNOTE (1-855-539-6683).
About Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. The firm applies its own industry consolidation investment strategy and process, which seeks to create value by partnering with a company’s management to improve business operations and make strategic acquisitions that will accelerate growth. Thoma Bravo invests across multiple industries, with a particular focus on application and infrastructure software and financial and business services. The firm currently manages a series of private equity funds representing more than $4 billion of equity commitments. For more information, visit www.thomabravo.com.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.