Surprise Avaya grab for femtocell startup

We’re still waiting for the last prediction from Newswireless to come true – the announcement of a takeover of Hutchison 3G in the UK by China Mobile. Undeterred, the web site now predicts that 3GSM will see the announcement of a takeover of Ubiquisys by Avaya

“Highest profile of the new generation of companies building very very small mobile phone cells, or femtocells, would be VC-funded Ubiquisys – or at least, till the coming weekend. After that, say finance sources, Accel, Advent and Atlas will have comfortably over a hundred million dollars to share out amongst new startups, as they cut and run.”

NewsWireless Editor Guy Kewney says: ‘The news is good for Ubiquisys however. It will probably be announced Monday or Tuesday in Barcelona, and will startle the market, because while femtocells are seen as “the big new little thing” in mobile, nobody was expecting Ubiquisys backers to be able to execute on their exit strategy for another couple of years.’

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