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 <title>The Industry Standard - Unsung software company Aricent raises new round from KKR and Bahrain investor - Comments</title>
 <link>http://www.thestandard.com/news/2008/09/23/unsung-software-company-aricent-raises-new-round-kkr-and-bahrain-investor</link>
 <description>Comments for &quot;Unsung software company Aricent raises new round from KKR and Bahrain investor&quot;</description>
 <language>en</language>
<item>
 <title>We sell Brand New/Unlocked</title>
 <link>http://www.thestandard.com/news/2008/09/23/unsung-software-company-aricent-raises-new-round-kkr-and-bahrain-investor#comment-8735</link>
 <description>&lt;p&gt;&lt;!--paging_filter--&gt;We sell Brand New/Unlocked 3G Apple iPhone 8GB and 16GB and here are some Brands/Pricelists of some products we have in stock for sales: &lt;/p&gt;
&lt;p&gt;3G Apple iPhone 8GB Cost US$350&lt;br /&gt;
3G Apple iPhone 16GB Cost US$400&lt;br /&gt;
2G Apple iPhone 4GB Cost  us$200&lt;br /&gt;
2G Apple iPhone 8GB Cost  us$250&lt;br /&gt;
2G Apple iPhone 16GB Cost us$300&lt;/p&gt;
&lt;p&gt;Nokia E50 Cell Phone............$220usd&lt;br /&gt;
Nokia E61 Cellular phone........$240usd&lt;br /&gt;
Nokia E61i Cell Phone...........$280usd&lt;br /&gt;
Nokia E65 Cell Phone............$340usd&lt;br /&gt;
Nokia N95 Cell Phone............$370usd&lt;br /&gt;
Nokia N97 Cell Phone............$400usd&lt;br /&gt;
Nokia N99 Cell Phone............$420usd&lt;br /&gt;
Nokia E61i Cell Phone...........$300usd&lt;br /&gt;
Nokia E70 Cellular phone........$320usd&lt;br /&gt;
Nokia E90 Cell Phone............$420usd&lt;br /&gt;
Nokia N70 Cellular phone........$210usd&lt;br /&gt;
Nokia N71 Cellular phone........$230usd&lt;br /&gt;
Nokia N72 Cell Phone............$260usd&lt;br /&gt;
Nokia N73 Cellular Phone........$300usd&lt;br /&gt;
Nokia N76 Cell Phone............$330usd&lt;br /&gt;
Nokia N80 Cellular phone........$250usd&lt;br /&gt;
Nokia N91 Cellular phone........$280usd&lt;br /&gt;
Nokia N93  Cell Phone...........$320usd&lt;br /&gt;
Nokia N93i Cellular phone.......$360usd&lt;/p&gt;
&lt;p&gt;NOTE: Our season&#039;s promo is here again...buy 5 and get 1 free...hurry offer last while stock last...&lt;/p&gt;
&lt;p&gt;If the product you are interested in buying is not listed on our list,please feel free to&lt;br /&gt;
indicate,so we can sort them out for you.. &lt;/p&gt;
&lt;p&gt;Best Regards&lt;br /&gt;
Mr James Graham&lt;br /&gt;
Sales/Advert Manager&lt;br /&gt;
Phone #:+44 704 576 5447&lt;br /&gt;
Email: &lt;a href=&quot;mailto:mobileworldinc@windowslive.com&quot; rel=&quot;nofollow&quot;&gt;mobileworldinc@windowslive.com&lt;/a&gt;&lt;/p&gt;
</description>
 <pubDate>Mon, 22 Dec 2008 03:10:08 -0800</pubDate>
 <dc:creator>James Graham</dc:creator>
 <guid isPermaLink="false">comment 8735 at http://www.thestandard.com</guid>
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<item>
 <title>Unsung software company Aricent raises new round from KKR and Bahrain investor</title>
 <link>http://www.thestandard.com/news/2008/09/23/unsung-software-company-aricent-raises-new-round-kkr-and-bahrain-investor</link>
 <description>&lt;p&gt;&lt;!--paging_filter--&gt;
&lt;p&gt;&lt;a href=&quot;http://venturebeat.com/wp-content/uploads/2008/09/aricent_horiz.jpg&quot; rel=&quot;nofollow&quot;&gt;&lt;img class=&quot;alignleft alignnone size-medium wp-image-98151&quot; title=&quot;aricent_horiz&quot; src=&quot;http://venturebeat.com/wp-content/uploads/2008/09/aricent_horiz-300x73.jpg&quot; alt=&quot;&quot; width=&quot;300&quot; height=&quot;73&quot; /&gt;&lt;/a&gt;Mobile software outsourcing company &lt;a href=&quot;http://www.aricent.com/&quot; rel=&quot;nofollow&quot;&gt;Aricent&lt;/a&gt; has raised a new $60 million round of funding from New York private equity firm &lt;a href=&quot;http://www.kkr.com/&quot; rel=&quot;nofollow&quot;&gt;Kohlberg Kravis Roberts&lt;/a&gt;&lt;a href=&quot;http://www.kkr.com/&quot; rel=&quot;nofollow&quot;&gt;&lt;/a&gt; and The Family Office, an investor in Bahrain. It&amp;#8217;s also becoming one of the biggest private tech companies in Silicon Valley that nobody knows about.&lt;/p&gt;
&lt;p&gt;Aricent was created a couple of years ago as a spin-off from contract manufacturer &lt;a href=&quot;http://www.flextronics.com/en/default.aspx&quot; rel=&quot;nofollow&quot;&gt;Flextronics&lt;/a&gt;, in a funding led by KKR and &lt;a class=&quot;fund&quot; href=&quot;http://www.sequoiacap.com/&quot; rel=&quot;nofollow&quot;&gt;Sequoia Capital&lt;/a&gt;. The round is an up round, according to the company, meaning the valuation after the close is higher than it was before.&lt;/p&gt;
&lt;p&gt;I have to believe that this company is one of the few in the valley that could be headed toward an initial public offering. Having said that, the environment for IPOs is still horrible and the company isn&amp;#8217;t shedding any light on its profitability right now.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://venturebeat.com/wp-content/uploads/2008/09/aricent-2.jpg&quot; rel=&quot;nofollow&quot;&gt;&lt;img class=&quot;alignleft alignnone size-medium wp-image-98152&quot; title=&quot;aricent-2&quot; src=&quot;http://venturebeat.com/wp-content/uploads/2008/09/aricent-2.jpg&quot; alt=&quot;&quot; width=&quot;159&quot; height=&quot;200&quot; /&gt;&lt;/a&gt; Palo Alto, Calif.,-based Aricent has 8,000 employees, including 6,500 developers in India. It&amp;#8217;s hard to fathom the company has so many people working on mobile software. (Among other things, they helped put together the cell phone screen at left). But Aricent is essentially the hired gun of mobile technology. It is the reason that smaller cell phone companies such as Alltel can launch a new phone against bigger competitors.&lt;/p&gt;
&lt;p&gt;Keith Higgins, vice president of marketing, said that the company has more than 550 customers. It works jointly with Frog Design, the industrial design firm owned by Flextronics, to design software for mobile phones, telecom infrastructure companies, and cell phone service providers. It does everything from testing user interface prototypes on phone users to the billing operations for cell phone services. It has a product portfolio of more than 125 products which it licenses to customers.&lt;/p&gt;
&lt;p&gt;The pressure on carriers and others in the cell phone ecosystem has been growing, leading to more outsourcing. The company&amp;#8217;s revenues have grown from $238 million in its 2006 fiscal year to $382 million in its 2008 fiscal year. Based on its first quarter&amp;#8217;s results, the company is on a run rate to hit $470 million in its current 2009 fiscal year, making it one of the biggest private tech companies in Silicon Valley. More than 400 million handsets have shipped with Aricent&amp;#8217;s software.&lt;/p&gt;
&lt;p&gt;The company competes with other big companies that offload core services in the $100 billion telecom software and services market. The list of rivals includes Accenture, Infosys, IBM, Sasken, Tech Mahindra and Wipro.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://venturebeat.com/wp-content/uploads/2008/09/aricent-3.jpg&quot; rel=&quot;nofollow&quot;&gt;&lt;img class=&quot;alignleft alignnone size-medium wp-image-98150&quot; title=&quot;aricent-3&quot; src=&quot;http://venturebeat.com/wp-content/uploads/2008/09/aricent-3.jpg&quot; alt=&quot;&quot; width=&quot;250&quot; height=&quot;168&quot; /&gt;&lt;/a&gt;But Higgins says no one else has Aricent&amp;#8217;s breadth of product offerings and experience with communications companies. For instance, Higgins said that besides working closely with Alltel to get new phones to market, it has also worked with Sprint since 2003 in a variety of strategic engagements. It has partnered with Aircell in deploying the first in-flight wireless broadband system and created market-leading DSL (digital subscriber line) equipment with Alcatel-Lucent. Nokia, which you would figure is big enough to fund its own internal development, is a customer of Aricent.&lt;/p&gt;
&lt;p&gt;As new platforms such as Android and WiMax arrive and make mobile phone software more challenging, Aricent expects its business to grow. The Bahrain investor is participating in part because Aricent will expand its operations in the Middle East. Higgins said the latest funding is not an alternative to an initial public offering and he noted, &amp;#8220;It&amp;#8217;s not such a bad thing to be private these days.&amp;#8221;&lt;/p&gt;
&lt;p&gt;The new round consists of two parts: a $35 million tranche and a $25 million tranche, for a total of $60 million. Previous investors Flextronics and Sequoia did not participate. The company says it will use the money to increase its engagements with more customers.&lt;/p&gt;
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 <comments>http://www.thestandard.com/news/2008/09/23/unsung-software-company-aricent-raises-new-round-kkr-and-bahrain-investor#comments</comments>
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 <pubDate>Tue, 23 Sep 2008 01:30:15 -0700</pubDate>
 <dc:creator>Venture Beat</dc:creator>
 <guid isPermaLink="false">117753 at http://www.thestandard.com</guid>
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