WilmerHale Advises Altiostar Networks in $1B Acquisition by Rakuten

WilmerHale Advises Altiostar Networks in $1B Acquisition by Rakuten

Client News

On August 4, 2021, Rakuten Group, Inc., a leading global innovation company in e-commerce, communications and fintech, and operator of Japan’s newest and most innovative mobile network, announced the acquisition of US-based mobile technology company, Altiostar Networks, Inc., at a total valuation of Altiostar at USD $1B+. Rakuten and Altiostar will partner to accelerate deployment of software-centric, virtualized services for the mobile industry across the globe.

Altiostar already offers its suite of open virtual Radio Access Network (Open vRAN) functions on the Rakuten Communications Platform (RCP). RCP is a fully virtualized, cloud-native telco platform which allows customers to easily and quickly build secure and open mobile networks at lower cost. RCP offers telcos, enterprises and government customers a marketplace from which they can select technologies to empower deployment of a 4G or 5G mobile network on Open RAN.

The WilmerHale team advising Altiostar was led by Thomas Ward and Hal Leibowitz, and included Sam Rothberg, Korey Cowan, Jonathan Jones, Scott Kilgore, Matthew Schnall, Kimberly Wethly, Meghan Walsh, Caroline Dotolo, Hartmut Schneider, Gavin Tullis, Jason Chipman and Carla Gilbertson.


Unless you are an existing client, before communicating with WilmerHale by e-mail (or otherwise), please read the Disclaimer referenced by this link.(The Disclaimer is also accessible from the opening of this website). As noted therein, until you have received from us a written statement that we represent you in a particular manner (an "engagement letter") you should not send to us any confidential information about any such matter. After we have undertaken representation of you concerning a matter, you will be our client, and we may thereafter exchange confidential information freely.

Thank you for your interest in WilmerHale.