Press release
Mavcap Invests In Aexio
Aexio today announced that Malaysia Venture Capital Management Berhad (“MAVCAP”), Malaysia’s largest venture capital (VC) firm, has made an investment in Aexio in exchange for preferred stock. As part of this successful deal, Mavcap will join the Aexio Board of Directors, with ownership of approximately 23% of the company’s shares.“As a key investor in the Malaysian ICT scene, we recognize companies who bring in viable propositions with huge potential to go further. We subscribe to Aexio’s vision and value proposition in empowering the engineers by providing cutting-edge tools for the optimization of wireless networks and also believe that Aexio has demonstrated enough vision and execution ability to be a world renowned industry leader”, said Husni Salleh, Chief Executive Officer of Mavcap.
“We are honored to be part of Mavcap’s chosen investees. We consider this partnership a strategic alliance that will bring Aexio to greater heights and look forward to a successful venture together,” enthused Andre Sequerah, Managing Director at Aexio.
About MAVCAP
MAVCAP was incorporated in 2001 by the Malaysian Government and is Malaysia’s largest venture capital (VC) firm which focuses on investments in the local information, communications and technology sector (ICT). MAVCAP was established to realize the Government’s vision to develop the VC industry and encourage entrepreneurship in the technology sector. For more information, please visit www.mavcap.com
About Aexio
Aexio is an independent cellular software company that specializes in network optimization and operations engineering. As Asia’s pioneer in parameter management, the company offers automated, intelligent and scalable multi-vendor solutions that help mobile operators around the globe manage the QoS of their complex 2G/2.5G/3G/3.5G networks. Aexio services a global market place with customers spanning the African continent to the Asia Pacific region. For more information about Aexio, visit http://www.aexio.com
Suite 1107,Block B,
Phileo Damansara I,
No.9, Jalan. 16/11,
46350 Petaling Jaya,
Selangor, Malaysia.
Phone Number: +603 76650255
Fax: +603-7665 0256
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mavcap Invests In Aexio here
News-ID: 134604 • Views: …
More Releases from Aexio Software
InfoVista Acquires Aexio to Strengthen Mobile Network Optimization Product Suite
PARIS, France and HERNDON, Virginia—October 22, 2013—InfoVista, the global leader of IP and RF planning, assurance and optimization software solutions, today announced that it has acquired Kuala Lumpur, Malaysia-based mobile network optimization specialist Aexio. Nearly one year following InfoVista’s acquisition of Mentum, this move reaffirms the company’s strategy to strengthen its solution set across the network lifecycle and IP and RF network domains, and to enable communications service providers (CSPs)—particularly…
Aexio to Launch Xeus Pro: Release 2 at LTE Asia 2013
Aexio, one of the regions leading providers of network quality management and optimization software solutions will be unveiling the latest upgrade to the company’s desktop optimization platform, Xeus Pro 2013, meant for troubleshooting daily events that impact an operator’s subscriber experience.
The launch is set to take place on the 18th of September 2013 at the annual LTE Asia Conference in Suntec, Singapore.
The latest release…
Aexio Awarded Frost & Sullivan Malaysia Excellence Award - New Product Innovatio …
Kuala Lumpur, Malaysia; 12 April 2012– Aexio, network optimization software specialist with solutions designed to enhance mobile network quality of service, today announced that it has been awarded the 2012 Frost & Sullivan Malaysia Excellence Award for New Product Innovation in Wireless Network Optimization.
The Frost & Sullivan Malaysia Awards program - now in its eighth consecutive year recognizes companies and individuals that have pushed the boundaries of excellence -…
Mobile World Congress: Aexio Introduces Xeus Pro 2012 Smartphone Analysis Featur …
Barcelona - Aexio software, a global provider of reliable and intelligent network optimization software solutions has unveiled the next step towards understanding and managing the impact of smartphones in mobile networks globally via the company’s new Smartphone analysis feature at Mobile World Congress 2012
This feature will be available via Aexio’s Xeus Pro 2012, a complete desktop optimization software developed by the company to help network optimization professionals …
More Releases for Malaysia
Nitrile Gloves Market Analysis, Research Study With Hartalega Holdings Berhad …
Nitrile Gloves Market growth is expected to be driven by rising healthcare expenditures, heightened importance of workplace safety, and growing awareness of healthcare-associated infections. The COVID-19 pandemic has led to an exponential increase in demand for a wide variety of PPE, including gloves. Disposable nitrile gloves are also often used by healthcare professionals to prevent contamination.
The Nitrile Gloves Market research report provides a thorough and comprehensive analysis of the global Industry.…
Non Dairy Creamer Market Future Trends, Revenue Growth, Profitability & Leading …
The "Non Dairy Creamer Market" business report 2021 contains worldwide analysis and estimation of various market-related factors that are incredibly crucial for better decision-making. Competitive analysis has been carried out in this industry analysis report for the major players in the market which supports businesses take better moves for enhancing their product and sales. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price,…
Ophthalmology Market in Malaysia, Ophthalmology Industry in Malaysia, Covid-19 I …
Lower Ophthalmology Costs in Malaysia: Ophthalmology cost in Malaysia is estimated to be comparatively less i.e. 40% less or even more than the spending made by a patient on an average for the same treatment in the US and European countries such as the UK, France, Germany and others. Low cost of Ophthalmology in Malaysia allows patients from the other countries to save a significant amount of money while benefiting…
Malaysia Ophthalmology Market, Malaysia Ophthalmology Industry, Malaysia Ophthal …
The report titled “Malaysia Ophthalmology Market Outlook to 2025- Increase in Ophthalmic Surgeries & Consultations driven by Increasing Ageing Population Proportion and Ophthalmology Technological Advancements" provides a comprehensive analysis of Ophthalmology Services in Malaysia. The report covers various aspects including market size (Total Revenue, Consultations Revenue, Number of Consultations, Surgery Revenue and Number of Surgeries), Market Segmentations by Clinic Specialty (Multi & Single Specialty), by Private and Public Clinics/Hospitals, By…
Malaysia Agriculture Market, Malaysia Agriculture Industry, Malaysia Agriculture …
Agriculture sector is an important sector of Malaysia's economy. There are mainly 3 crops are produced including palm oil, rubber and cocoa. Additionally, country’s farmers produce a number of fruits & vegetables for the domestic market such as bananas, pineapples, coconuts, durian, cabbage, cucumber, long beans, tomato, chilli, okra, spinach, rice, rambutan and others. Country’s tropical climate is extremely favorable for the production of a variety of exotic fruits &…
White Coffee Market Future Growth by 2027 | Oldtown(Malaysia), KOPIKO(Indonesia) …
The "Global White Coffee Market: 2020" Industry Report is a professional and in-depth study on the current state of the White Coffee Market by 4ARC Research . The White Coffee market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2027. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like…
