TECHNOLOGY PLATFORM INVESTMENTS
Unified Communications & Managed IT Services
Acquired February 2020
Siris Executive Partner and Interim CEO
“As part of the Siris family of companies, TPx will have the enhanced support and resources it needs to lead in the fast-growing addressable market for UCaaS, CCaaS, and managed IT services, including security. I know the Siris team is excited and eager to help accelerate TPx’s growth, building on its industry-leading customer satisfaction, tremendous range of award-winning products, and its large, diversified customer base. As Interim CEO and Executive Chairman, I look forward to supporting the company's continued growth and helping the team achieve its strategic objectives.”
Founded in 1998, TPx is a leading provider of UCaaS, Managed IT services and Managed Connectivity services, with approximately 25,000 customers with more than 50,000 customer locations across the U.S. TPx has best-in-class customer service embedded in its corporate DNA, offering guaranteed performance to all customers wherever there’s a broadband connection. TPx customers serve every business sector and include many government and not-for-profit enterprises. For more information, visit www.tpx.com.
Acquired July 2019
“We are at an exciting point of digital transition in the imaging and print industry, and EFI’s portfolio of best-in-class solutions presents a unique opportunity to drive further growth in high-quality inkjet and integrated, digital workflows. With Siris’ strategic guidance and highly experienced team, we can more proactively engage with customer needs and accelerate the transformation of industries where colorful images matter.”
EFI is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. EFI is passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, EFI develops breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles and personalized documents, with a wide range of printers, inks, digital front ends and a comprehensive business and production workflow suite that transforms and streamlines the entire production process.
Acquired May 2019
“Siris is a visionary partner that has a deep understanding of our business and shares our commitment to developing and investing in our best-in-class distribution capabilities, technology services, innovative payment solutions and other value-add digital solutions to transform the global travel industry. With Siris’ support, we will continue to deliver our customers great products and great service, and take Travelport to its next level of growth and success."
Travelport is the technology company that makes the experience of buying and managing travel continually better for everyone. It operates a travel commerce platform providing distribution, technology, payment and other solutions for the global travel and tourism industry. The Company facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel platform. Travelport has a leadership position in airline merchandising, hotel content and distribution, car rental, mobile commerce and B2B payment solutions. The Company also provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions.
December 10, 2018: Travelport Worldwide Limited announces agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in all-cash transaction valued at approximately $4.4 billion
Acquired Oct 2018
CEO and President
"Siris is a collaborative partner that shares our strategic vision and dedication to serving customers. With Siris’ support, we are continuously enhancing our ability to deliver web presence solutions to growing businesses. I look forward to leading Web.com through its next phase of growth and expansion."
Web.com is the premier marketing partner for businesses wanting to connect with more customers and grow. As a leading web services company, Web.com’s mission is to provide reliable solutions to businesses aiming to build a powerful web presence. Web.com offers online website building, online marketing, domain registration, hosting and multi-location services for businesses of all sizes. With more than three million customers and 20 years of experience, Web.com collaborates with businesses to deliver competitive solutions to enhance websites, social media pages, online marketing programs, customer-relationship marketing (CRM) tools and eCommerce platforms to help companies meet their marketing needs and achieve their potential.
Acquired Aug 2016
“Siris’ strategic vision in combining Xura and Mitel Mobility created Mavenir, the only pure play solution provider offering a fully-virtualized, software-based solution set across every layer of the mobile network infrastructure stack, including radio access, packet core and 5G applications solutions. Mavenir is well positioned to partnering with our customers to achieve operational efficiencies as they prepare to handle the exponential traffic growth that the industry’s IoT and 5G applications will bring.”
As a trusted partner, Mavenir accelerates and redefines network transformation for service providers. By offering a comprehensive product portfolio across every layer of the network infrastructure stack — from 5G application/service layer to the RAN and packet core – Mavenir leads the way in evolved, cloud-proven networking solutions enabling innovative and secure new experiences for end users. Through its industry first VoLTE, VoWiFi, Advanced Messaging and Cloud RAN solutions, Mavenir’s platform enables service providers to successfully deliver tomorrow’s vision today and realize new revenue streams and operating efficiencies.
Acquired Dec 2015
CEO and President
"What’s really great is they get us. They understand our business. They understand the product set. They understand the industry. They understand the competitive environment out there."
PGi is a leading dedicated provider of collaboration software and services serving over 50,000 businesses globally. Its portfolio of purpose-built applications is designed to meet the daily collaboration and communications needs of business professionals, with solutions for web, video and audio conferencing, smart calendar management, webcasting, project management and sales productivity.
Acquired Feb 2015
CEO and President
"With Siris as our partner, we are well positioned to sharpen our focus on longer term, high-potential global opportunities, accelerate our transformation, as well as deliver even more value for our clients."
Digital River is a leading provider of ecommerce solutions. Companies of all sizes rely on Digital River’s multi-tenant SaaS commerce, payments and marketing services to manage and grow their online, direct-to-consumer businesses. Under Siris ownership, Digital River has focused on its Enterprise Commerce and Payments offerings, divesting non-core businesses and investing to grow the commerce- as-a-service offerings in both software and branded manufacturing verticals.
Acquired Oct 2014
"The Siris team is very engaged in the business with its thought provoking ways. Equally, they give us the freedom to define and execute a strategy that is in the best interests of our employees, customers and shareholders! A focus on freedom to execute and mutual accountability is what brought me here..."
Pulse Secure is the leading provider of security solutions for the mobile enterprise. Pulse products allow businesses to protect corporate data on the network, in applications or on mobile devices by securely connecting any device, any application, anywhere. Over 20,000 enterprise customers across every industry vertical use Pulse Secure’s virtual private network (VPN), network access control (NAC) to enable seamless and secure access for mobile users.
Following the acquisition of Pulse Secure, Siris recruited the leadership team and supported Pulse Secure in building the business infrastructure to operate as a standalone company. As a Siris company, Pulse Secure has maintained its leadership position in the SSL VPN market, invested in continued innovation and expanded its product offering to include integrated on-device security.
Fault Tolerant Technology Solutions
Acquired Sep 2014
David C. Laurello
CEO and President
"Siris has helped us to continue to invest in our existing solutions while accelerating our next-generation software and cloud businesses."
Stratus Technologies is a leading provider of infrastructure based solutions that keep applications running continuously in today’s always-on world. The company’s solutions prevent downtime before it occurs and ensure uninterrupted performance of essential business operation.
Transaction Network Processing
Acquired Feb 2013
Status: Partially Realized
Chief Executive Officer of TNS
"With Siris’ support, I’m confident that the future of the company is stronger than ever”
Transaction Network Services (“TNS”) is a leading global provider of specialized data communications and interoperability solutions. TNS’ global secure network and innovative value-added services enable transactions and the exchange of information among many of the world’s leading retailers, banks, payment processors, financial institutions and telecommunication firms.
Under Siris ownership, TNS has successfully navigated a number of technology shifts across the payments, telecom, and financial services verticals, while maintaining a 99% customer retention rate and serving thousands of enterprise and telecom operator customers worldwide. TNS has also refocused its core offerings, shed non-core assets, and positioned the business to for growth.