The mobile optimisation technology provider, whose backers include Verizon Ventures, is set to be bought by Volaris Group.
Software holding company Volaris Group agreed yesterday to acquire US-based mobile optimisation technology provider Flash Networks in a deal of undisclosed size that will allow telecommunications firm Verizon to exit.
Founded in Israel in 1996, Flash supplies a range of mobile internet-focused products covering areas like signalling and radio connection optimisation, network security or app monetisation.
Not all the details of Flash’s past rounds are available but Verizon unit Verizon Ventures lists it in its portfolio. HarbourVest Partners led a…
