Advised WDS, a leading provider of knowledge management solutions to wireless telecom providers, on its proposed sale to Xerox
Arma Partners is pleased to announce that it acted as the exclusive financial adviser to the shareholders of Wireless Data Services Limited (“WDS”) on its proposed sale to Xerox Corporation (“Xerox”).
WDS uses a proprietary cloud-based platform called GlobalMineTM to capture, analyze and manage millions of technical support interactions across thousands of different mobile device types, and uses this data to help clients address, in real-time, any systemic issues and/or customer experience problems that their end-users may be experiencing with their devices or service. WDS has over 100 customers globally, including most of the world’s largest handset manufacturers and mobile operators, and is headquartered in Poole, England.
Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Xerox has sales approaching $23 billion and 140,000 employees serving commercial and government organizations in more than 160 countries worldwide. This transaction will strengthen Xerox’s leadership in Customer Experience Management for the wireless industry.
This transaction, our eleventh this year and fourth so far this month, again illustrates Arma Partners’ dominance in cross-border Technology M&A and strong track record in Cloud Infrastructure, Data Analytics and Wireless Communications specifically.