Elisa Polystar has acquired Cardinality, a UK-based cloudy data management outfit for communications service providers (CSPs).
By combining with Cardinality, Elisa Polystar claims it will have stronger data management, AI-driven analytics and automation portfolio with comprehensive data ingestion and cloud-native capabilities enabling simultaneous top- and bottom-line improvements for network operators.
The agreement has been signed and the transaction is subject to local regulatory approval. The closing is expected during the third quarter of 2022, with ownership transferring from the current operational management and Maven Capital Partners.
Since Cardinality was founded in the UK in 2015, it has grown into an international business with about 70 experts. The company’s platform includes plugins for hundreds of different data sources and enables large-scale data management in on-premises, cloud or hybrid deployments. Cardinality has been ranked as the UK’s best-performing scale-up technology company in the Business & Consumer Software sector in the Megabuyte Emerging 25 review in 2022.