Airwide Solutions
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Airwide Solutions
Airwide Solutions was a privately held (majority shareholder smac, partners Germany), but United States–based mobile messaging and wireless internet infrastructure company. It was acquired by Mavenir Systems in May 2011. The company was founded in 2004 through the acquisition of Schlumberger's Messaging Solutions unit, formerly Sema Group by Taral Networks. Airwide later acquired Finnish company First Hop in 2007. Neil Papworth Neil Papworth (born 1969) is a British software architect, designer and developer. He is known as the sender of the first ever text message (also known as SMS message) in 1992. Personal life Neil Papworth was born on 28 December 1969 in Read ..., a test engineer at Sema at the time, sent the world's first SMS message from an R&D lab using a personal computer to Richard Jarvis of Vodafone using an Orbitel 901 handset in December 1992. In 2008, Airwide Solutions won the gold award for innovation at the Mobile Advertising and Marketing Awards. I ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumb ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Mavenir Systems
Mavenir Systems ( NYSE:MVNR ) was a software-based telecommunications networking provider based in Richardson, Texas that existed from 2005 to 2015. The company's software was aimed to deliver internet protocol (IP)-based voice, video, rich communications and enhanced messaging services to clients. Mavenir Systems provided service to approximately 120 mobile networks globally. Origin Mavenir Systems was founded in 2005, with Rashad Ali as the founder. Pardeep Kohli served as the company's president and CEO. History In December 2008, the company completed a funding round for $17.5 million. Another funding round for $13.5 million backed by Alloy Ventures, Austin Ventures and North Bridge Venture Partners was completed in June 2010. The company raised $40 million in a funding round backed by previous investors and Cross Creek Capital. The funding round brought the company's total funding to $105 million. Mavenir Systems placed first on the Metroplex Technology Business Council's Fas ...
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Mobile Messaging
Short Message/Messaging Service, commonly abbreviated as SMS, is a text messaging service component of most telephone, Internet and mobile device systems. It uses standardized communication protocols that let mobile devices exchange short text messages. An intermediary service can facilitate a text-to-voice conversion to be sent to landlines. SMS technology originated from radio telegraphy in radio memo pagers that used standardized phone protocols. These were defined in 1986 as part of the Global System for Mobile Communications (GSM) series of standards.GSM Doc 28/85 "Services and Facilities to be provided in the GSM System" rev2, June 1985 The first SMS message was sent on 3 December 1992, when Neil Papworth, a test engineer for Sema Group, sent "Merry Christmas" to the Orbitel 901 phone of colleague Richard Jarvis. SMS rolled out commercially on many cellular networks that decade and became hugely popular worldwide as a method of text communication. By the end of 2010, SMS w ...
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Schlumberger
Schlumberger Limited (), doing business as SLB, is an oilfield services company. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague. Schlumberger is the world's largest offshore drilling company. It is the biggest offshore drilling contractor (in terms of revenue) in the world. Schlumberger is incorporated in Willemstad, Curaçao as Schlumberger N.V. and trades on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange. Schlumberger is a Fortune Global 500 company, ranked 287 in 2016, and also listed in Forbes Global 2000, ranked 349 in 2022. History Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company (french: Société de prospection électrique) by two brothers Conrad and Marcel Schlumberger from Alsace. Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling ...
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Sema Group
Sema Group plc was an Anglo-French IT services company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by Schlumberger in 2001. History The Company was founded in 1988 by the merger of the British CAP Group and the French company, Sema-Metra SA. In 1991 Sema and British Aerospace established the BAeSEMA naval systems joint venture to produce naval systems: it was dissolved in November 1998 when BAe purchased Sema's 50% share for £77 million. By December 1991 Sema had acquired the Cambridge-based consultancy Baddeley Associates, from which it created Sema Group Consulting. In 1997, Sema acquired British Rail Business Systems for £27m which was sold off by the UK Government as part of the Privatisation of British Rail. In the same time frame, Sema also acquired Syntax in Italy, formerly the IT Services division of Olivetti, adding another important market to its geography. In 2000, Sema acquired LHS for €5.1 billion ...
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Neil Papworth
Neil Papworth (born 1969) is a British software architect, designer and developer. He is known as the sender of the first ever text message (also known as SMS message) in 1992. Personal life Neil Papworth was born on 28 December 1969 in Reading, Berkshire, United Kingdom. Papworth obtained his HND (Higher National Diploma) in Computer Studies from the University of West London. He spent his childhood in Wokingham, Berkshire, and began his professional career at Ferranti International in Bracknell, United Kingdom. Papworth then settled in Toronto, Ontario, Canada in 2000, and subsequently in Montreal in 2002. Career Neil Papworth started his career at Ferranti International in Bracknell on aeronautical and military applications from 1988 to 1991. He designed and programmed a movable vehicle satellite antenna and implemented software for automated helicopter-landing aids. In 1991, he began working for Sema Group in Reading, Berkshire. He spent a large amount of time from 19 ...
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Short Messaging Service
Short Message/Messaging Service, commonly abbreviated as SMS, is a text messaging service component of most telephone, Internet and mobile device systems. It uses standardized communication protocols that let mobile devices exchange short text messages. An intermediary service can facilitate a text-to-voice conversion to be sent to landlines. SMS technology originated from radio telegraphy in radio memo pagers that used standardized phone protocols. These were defined in 1986 as part of the Global System for Mobile Communications (GSM) series of standards.GSM Doc 28/85 "Services and Facilities to be provided in the GSM System" rev2, June 1985 The first SMS message was sent on 3 December 1992, when Neil Papworth, a test engineer for Sema Group, sent "Merry Christmas" to the Orbitel 901 phone of colleague Richard Jarvis. SMS rolled out commercially on many cellular networks that decade and became hugely popular worldwide as a method of text communication. By the end of 2010, SMS w ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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