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Elisa Polystar Acquires Frinx To Broaden Its Network Automation Portfolio

PRIVATEApr 04, 2022

Acquiring Company

Elisa Polystar

Acquired Company

FRINX

StockholmHardwareSustainabilityContent And PublishingMobileInternet ServicesNavigation And MappingTelecommunicationsSoftwareData And Analytics

Description

Elisa Polystar has acquired FRINX s.r.o, a Slovak telecom network automation software supplier. FRINX products and software will complement Elisa Polystar's zero-touch automation and analytics offering, which helps communications service providers (CSPs) automate their network management processes in a multivendor telecom network environment. The acquisition is consistent with Elisa's strategy to grow digital services internationally and accelerate development of its telecom software business under Elisa Polystar. With this transaction, Elisa Polystar is taking another step on its strategic journey to make self-driving networks happen.

Quick answer

Elisa Polystar is acquiring FRINX, announced April 4, 2022. Elisa Polystar is based in Stockholm, Stockholm County, Sweden.

How much did Elisa Polystar pay for FRINX?
The deal value was not disclosed.
What does Elisa Polystar do?
Elisa Polystar, part of Elisa Group, is an innovative provider of cloud-native automation and analytics solutions.
Where are Elisa Polystar and FRINX based?
Elisa Polystar is based in Stockholm, Stockholm County, Sweden.
Who are the decision-makers at Elisa Polystar?
Fundz holds 1 contact at Elisa Polystar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Elisa Polystar

Location

Stockholm, Stockholm County, Sweden

About

Elisa Polystar, part of Elisa Group, is an innovative provider of cloud-native automation and analytics solutions. Our products help CSPs to reduce both OPEX and CAPEX costs, while enhancing customer experiences. Our portfolio – proven with hundreds of CSPs globally – integrates AI-driven analytics with automation. It unlocks the benefits of closed-loop network operations and optimisation, delivering self-driving networks. Our solutions are compatible with any network, as well as any service, including IoT and 5G network slicing.

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Frequently asked

Who acquired FRINX?

FRINX was acquired by Elisa Polystar, based in Stockholm. The deal was reported on April 4, 2022. Elisa Polystar, part of Elisa Group, is an innovative provider of cloud-native automation and analytics solutions. Our products help CSPs to reduce both OPEX and CAPEX costs, while enhancing customer experiences. Elisa Polystar is privately held and operates in Hardware.

When did Elisa Polystar acquire FRINX?

Elisa Polystar's acquisition of FRINX was reported on April 4, 2022. Elisa Polystar has acquired FRINX s.r.o, a Slovak telecom network automation software supplier. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does FRINX do?

FRINX builds software that enables customers to create automated, repeatable, digital processes to build, grow and operate their digital infrastructure. It is privately held, operating in Software.

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