Mobilitec
Content Management and Delivery Solutions for Mobile Operators
Company Overview
Snapshot
Founded in January 2000 by Haim Teichholtz, Mobilitec operated with 51–200 employees. The company secured $25.2 million across 3 funding rounds from 7 investors before being acquired by Alcatel-Lucent in November 2006.
Business overview
Mobilitec is a software company specializing in integrated solutions for mobile operators. Its core product, Mobilitec mPower 5.0, is a content platform designed to enable operators to publish, map, and deliver various digital content, including ringtones, games, music, and videos. The company also offers training, design consulting, integration, and customer support services, operating within the Business Software sector and serving the mobile telecommunications industry.
Strategic signal
In September 2006, news emerged that Lucent Technologies was acquiring Mobilitec for $75 million. This acquisition highlighted the strategic value of Mobilitec's content management and delivery solutions for mobile operators, signaling a consolidation trend in the mobile content infrastructure market and validating Mobilitec's technology as a key asset for telecommunications giants.
Log in to access full profile ›Company Intelligence Q&A
- When was Mobilitec acquired?
- Mobilitec was acquired by Alcatel-Lucent in November 2006.
- What was the reported acquisition amount for Mobilitec?
- Lucent Technologies acquired Mobilitec for $75 million, as reported in September 2006.
- Who founded Mobilitec?
- Mobilitec was founded by Haim Teichholtz.
- What was Mobilitec's total capital raised before acquisition?
- Mobilitec raised a total of $25.2 million across 3 funding rounds before its acquisition.
- Which investors participated in Mobilitec's February 2005 funding round?
- In February 2005, Mobilitec received funding from Canaan Partners Israel and Lucent Venture Partners.