Francisco Partners Completes the Sale of Metaswitch to Microsoft
Francisco Partners, a leading technology-focused global private equity firm, announced today that it has completed the sale of Metaswitch Networks Limited ("Metaswitch") to Microsoft (NYSE: MSFT). Francisco Partners acquired a controlling interest in Metaswitch in 2008 in partnership with Sequoia Capital (News - Alert) and the Company's founding team and employees.
Founded in 1981, Metaswitch is a leading developer of ultra-high-performance communications software products and solutions that power voice, data and unified communications services. Over the years, Metaswitch has become a trusted partner for more than 750 network operators worldwide.
"We are proud to have been part of the company's journey and are thrilled for the team at Metaswitch," said Deep Shah, Co-President at Francisco Partners. "Microsoft (News - Alert) will be a very strategic home for this talented group, enabling them to continue to deliver innovative solutions that drive the evolution of modern communications neworks."
"Francisco Partners has been a great partner for us," commented Martin Lund, CEO of Metaswitch. "Their team has consistently offered resources and support to help us grow, innovate and maximize value. We are excited to join the Microsoft team and together serve the needs of our customers with technology, business and network innovations."
Centerview Partners, Jefferies, Kirkland & Ellis, Alvarez & Marsal and PwC acted as advisors to Metaswitch and its shareholders.
About Francisco Partners
For more information on Francisco Partners, please visit: www.franciscopartners.com.
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