Davis Polk advised Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. as representatives of the several underwriters in connection with the $54.5 million SEC-registered initial public offering of 5,450,000 shares of common stock of Mavenir Systems, Inc., of which 5,320,292 shares were issued and sold by the Company and 129,708 shares were sold by certain shareholders. The shares are listed on the New York Stock Exchange under the symbol “MVNR.”   

Mavenir Systems, Inc. is a leading provider of software-based communications networking solutions that enable mobile service providers to deliver Internet protocol-based voice, video, rich communications and enhanced messaging services to their subscribers globally.   

The Davis Polk corporate team included partner Richard D. Truesdell Jr., former associate Eilleen J. Park and associates Ryan G. Mitteness, Sheldon Laing, Branden C. Berns and Cherie H. Yang. The tax team included partner Michael Mollerus and associate Avinash Venkatesh. Partner Frank J. Azzopardi and associate Bruce Rose-Innes provided intellectual property advice. Counsel Marcie A. Goldstein provided FINRA advice. Rosemarie Melendez was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.