Somos, Inc., a leading number registry management and data solutions provider in North America, announced today its acquisition of XConnect, a London-based provider of trusted global telephone number information services that optimize communications all over the voice and messaging channels. XConnect will work as a wholly-owned subsidiary of Somos. Both companies aim to provide an unmatched portfolio of number administration, routing data, business messaging, identity verification and identity management products to the global telecommunications industry.
“The trust economy is in full swing, and organizations that cultivate greater levels of trust are better positioned to thrive in this new era,” said Gina Perini, Chair of the Board and CEO of Somos, Inc. “Somos and XConnect have built solutions to bring greater confidence and convenience to how people and brands communicate. Now, we are combining the best of what each of us offers to create a global identity management platform needed by a rapidly evolving telecommunications industry. We are thrilled to welcome XConnect to the Somos team!”
“Somos and XConnect have an incredible opportunity to be the global leader in trusted numbering and identity information services,” said Eli Katz, XConnect’s founder and CEO. “By joining forces, we expand our capabilities to be able to provide greater value to service providers, enterprises, and other organizations seeking to improve how they manage the trustworthiness, timeliness, and cost of both local and international communications.”
In North America, Somos is the trusted administrator of both the North American Numbering Plan for over 3 billion wireless and local telephone numbers and the Reassigned Number Database. Besides this, Somos handles the SMS/800 TFN Registry for over 42 million Toll-Free Numbers in North America and the TSS Registry, the centralized registry for the use of Toll-Free Numbers in text messaging and multimedia services.
As an active participant in the development and support of the STIR/SHAKEN framework in the United States, Somos aims to stop telecommunications fraud via products like TFN Identification to support Caller Name Information (CNAM) on toll-free numbers. Also, RealNumber is addressing the requirement to provide enterprise right-to-use verification and protect trusted business numbers from illegal spoofing and fraud calls.
XConnect specializes in providing reliable telephone number intelligence to the world’s leading telecommunications providers. The company gives carrier-grade services to operators worldwide, involving Tier 1 global mobile network operators, business messaging providers, carriers, and participates in multiple standards bodies and security organizations for global communications. The XConnect portfolio covers solutions for fraud protection, voice and messaging routing, and the identification and validation of insights.
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