About Winphoria Networks
Winphoria Networks facilitates mobile data networking. It makes a soft switch for the networks of wireless carriers. It was formerly known as Convexant. The company was founded in 2000 and is based in Tewksbury, Massachusetts. In April 2003, Winphoria Networks was acquired by Motorola.
Latest Winphoria Networks News
Aug 14, 2018
Motorola to buy Winphoria Networks The wireless equipment maker expects the acquisition of the switching technology provider to help bolster its portfolio of product offerings. April 15, 2003 12:09 p.m. PT Motorola on Tuesday announced plans to buy switching technology provider Winphoria Networks, in a move to bolster the wireless equipment maker's portfolio of product offerings. The move comes as a number of equipment makers, including Motorola, are looking for ways to enhance their line of products as carriers migrate to next-generation cell phone networks. Winphoria's soft switches, which cost less than traditional circuit switches, can support second-generation and third-generation networks simultaneously and consume less space because they require less power to operate. Winphoria "benefits for our carrier customers and prospects by helping them reduce operating costs and by offering them a software-driven switch that can be easily upgraded and enhanced at a lower cost," said Christopher Galvin, Motorola's chief executive officer. Once the deal closes, Winphoria will become part of Motorola's Global Telecom Solutions business unit. The all-cash transaction is anticipated to close in the second quarter. Financial terms were not disclosed. The deal builds on an earlier agreement the two companies struck last August, under which Motorola created its own branded Motorola soft switch. The switches are in networks in North America and Asia. Motorola plans a limited commercial introduction of them in June.
Winphoria Networks Frequently Asked Questions (FAQ)
When was Winphoria Networks founded?
Winphoria Networks was founded in 2000.
Where is Winphoria Networks's headquarters?
Winphoria Networks's headquarters is located at 3 Highwood Drive, Tewksbury.
What is Winphoria Networks's latest funding round?
Winphoria Networks's latest funding round is Acquired.
How much did Winphoria Networks raise?
Winphoria Networks raised a total of $53M.
Who are the investors of Winphoria Networks?
Investors of Winphoria Networks include Motorola, Norwest Venture Partners, North Bridge Venture Partners, Matrix Partners and Amerindo Investment Advisors.