Two New Members Join Aicent Board of Directors
Warburg Pincus’ Barry Taylor and Bilge Ogut Strengthen Aicent’s Leadership Team
San Jose, CA – January 30, 2006 – Aicent, Inc., a leading provider of mobile data network services and solutions for global mobile operators, announced that two new members - Barry Taylor and Bilge Ogut, both Managing Directors of Warburg Pincus – have joined the company’s Board of Directors. Warburg Pincus, a global private equity firm, is a major investor in Aicent.
“We are honored to welcome Barry and Bilge to our Board of Directors,“said Lynn Liu, President and C.E.O. of Aicent.“They each bring a substantial wealth of professional experience and deep understanding of the industry to the Aicent executive team. Aicent will greatly benefit from their strategic business acumen as we deliver innovative solutions to the global mobile data industry.“
Mr. Taylor added,“Aicent has successfully demonstrated its industry vision through its next generation mobile data hub services. Bilge and I look forward to joining Aicent’s board and will work together with Lynn’s team to further enhance Aicent’s leadership position.“
Mr. Taylor has been with Warburg Pincus since October 2000 and is focused on the firm’s investments in Silicon Valley. Prior to joining the Warburg Pincus, he was a partner with Wilson, Sonsini, Goodrich & Rosati, a venture capital and technology law firm in Palo Alto.
Ms. Ogut joined Warburg Pincus in 1998. Previously, she was with the Communications and Technology Group of Goldman Sachs International in London.
About Warburg Pincus
Warburg Pincus has been a leading private equity investor since 1971. The firm currently has $12.4 billion under management and $7.2 billion available for investment in a range of sectors including information and communication technology, financial services, healthcare, consumer and industrial, media and business services, energy and real estate. Warburg Pincus’ telecommunications practice has invested $2.4 billion of equity across a wide range of companies across the globe, including Avaya (NYSE: AV), Bharti (BSE: BHARTI.IN), NeuStar (NYSE: NSR) and Telecordia. In August 2005, Warburg Pincus closed its 11th fund, Warburg Pincus Private Equity IX, L.P., an $8 billion fund that invests in companies in the U.S. and abroad. The firm has 59 partners and more than 140 professionals in offices in New York, Menlo Park, London, Frankfurt, Hong Kong, Beijing, Shanghai, Seoul, Tokyo and Mumbai. Warburg Pincus has an active portfolio of more than 100 companies. For more information please visit www.warburgpincus.com.
About Aicent, Inc.
Founded in 2000, Aicent, Inc. is a leading provider of mobile data network services and solutions for global mobile operators and other service providers. Aicent operates one of world's largest GRX networks with direct connections to global operators that collectively serve more than 500 million mobile users. Through extensive peering arrangements, Aicent’s network reaches nearly all GPRS/3G operators around the world. Aicent also operates one of world's first and largest MMS Inter-working services, and provides SMS hubbing, mobile messaging delivery and other value added services across all types of 2.5G/3G mobile networks. The company is headquartered in San Jose, California with regional offices in Americas, Asia Pacific and Europe. For more information, please visit: www.aicent.com.
Media Contacts:
Panache Communications, LLC
Eelynn Sim / Mary Placido
eelynn@panachecom.com / mary@panachecom.com
Tel: +1 415-333-9991
Michael Middleton
Aicent US Headquarters
E-mail: michael.middleton@aicent.com
Tel: +1 408-324-1830
^ Back to Top
|
