Another piece of Brocade's IP networking business is in the hands of a new owner. Mavenir Systems purchased Brocade’s virtual evolved packet core (vEPC) product line and IP portfolio, including the company’s research and development facility in Mumbai, India. Mavenir also said it will hire certain Brocade employees associated with the vEPC business and will work closely to support existing Brocade vEPC customers. Financial terms of the deal were not disclosed.

Mavenir plans to use the vEPC as part of its multi-access edge computing (MEC) and Internet of Things  (IoT) strategy. When combined with Mavenir’s extensible radio access network (xRAN), the company says it can offer a fully virtualized end-to-end next-gen core and access network.

Maviner is in the midst of a transformation. The company, which launched in 2005, was one of the primarily providers of software that is used by operators to deliver IP-based services like voice, video, and messaging over LTE networks.  In 2015 Mavenir was purchased by Mitel. Mitel then turned around and sold Mavenir’s assets to Siris Capital Group, which then merged the company with Xura, which acquired Ranzure Networks and then divested Xura’s non-core enterprise messaging business. The result is a new Mavenir dedicated to creating a software-based RAN.

Mavenir says that Brocade’s vEPC has a unique architecture that leverages cloud computing, network virtualization and x86-based servers.  It also said the vEPC can scale from a single microprocessing core to a rack of servers depending upon the use case.

“We are building a 5G architecture with control plane-user plane separation and stateless VNFs. The small footprint, combined with a highly scalable architecture and built-in HSS, is ideal for fixed wireless access, private LTE and industrial IoT spaces,” said Ashok Khuntia, GM and EVP of Mavenir’s Access Products division.

When Broadcom announced in November 2016 that it was buying Brocade, it said it would divest Brocade’s Ruckus Wireless assets as well as Brocade’s IP networking assets. Since then, Arris has said it will purchase the Ruckus assets and ICX switch business for $800 million. Extreme purchased Brocade’s data center networking assets for $55 million. Pulse Secure  snapped up the company’s the vADC business for an undisclosed amount and AT&T purchased the company’s Vyatta assets, including the Vyatta vRouter.

With Mavenir’s purchase of the company’s vEPC, it appears the only unclaimed piece of Brocade’s IP networking business is the SDN controller.

Pulse Secure, which purchased Brocade’s vADC business, is also owned by Siris Capital and was formed after Siris acquired Juniper Networks’ Junos Pulse business in 2014 for $250 million. Pulse Secure said it plans to combine the Pulse unified client with the vADC for certain IoT use cases.