Modirum acquires Mentura, solidifying its position as a global leader in Critical Communications platforms and solutions.
Tallinn, Estonia, 4.6.2024 – Modirum, a trailblazing AI – driven platform company committed to innovation and growth, proudly announces its acquisition of Mentura, a prominent and global player in the Critical Communication related Software Platforms. This strategic move marks a significant milestone for Modirum as it charts a course towards becoming a leading technology provider of software platforms for Telecommunications, Critical Communications, Government, Energy and Finance markets.
Accelerating Growth
The acquisition of Mentura by Modirum demonstrates our continued commitment to executing our strategic plan, initiated a year ago. Tero Silvola, CEO of Modirum, expressed his excitement about the venture, stating, “Modirum is dedicated to pioneering progress in selected industry segments. Acquiring Mentura grants us new access to private digital and critical communications networks. We are keen to expand our footprint, especially in public safety and security operations. Mentura’s reputation for excellence and innovation aligns seamlessly with our values, and we look forward to embarking on this journey together.”
Strategic Vision
Jari Heikkinen, Chairman and Founder of Modirum, outlined the strategic direction of the company, emphasizing its commitment to leadership in core sectors. He said, “Modirum is positioned to lead AI transformation in critical sectors such as Defence, Banking, and Telecommunications. With Mentura joining our ranks, we strengthen our foothold in the private networks related infrastructure, further solidifying our position as a leader in the global market. Our integrated expertise in both public and private network support platforms gives a unique advantage globally”
A Partnership for Innovation
Sami Honkaniemi, Managing Director of Mentura, echoed the sentiment of partnership and growth, stating, “Modirum represents the ideal partner for Mentura’s trajectory. Together, we are committed to driving innovation and growth, leveraging AI-driven scalable platforms and services to deliver cutting-edge solutions to our clients. Our investments and targets are very well aligned, giving Mentura the possibility to digitalize and transform business processes across the globe.”
Expanding Footprint
The acquisition of Mentura underscores Modirum’s dedication to innovation and expansion in selected industries and scalable platforms. With a combined expertise and market presence, Modirum is poised for remarkable growth, harnessing the power of AI-driven software platforms to drive sustainable success in the digital era.
Sami Honkaniemi, Managing Director Mentura
Email: sami.honkaniemi@menturagroup.com
Tel: +358 40 5848 001
Tero Silvola, CEO Modirum
Email: Tero.silvola@modirum.com
Tel: +358 40 5905733
