RDCM - After VMware Enters 5G Service Assurance Market Radcom May Be An M&A Target
Introduction of Investment Thesis
Recent M&A activity in the 5G service assurance sector - namely VMware's (VMW) announcement of its intent to acquire Dell EMC's Service Assurance Suite - could put Radcom (RDCM) into play.
Radcom's market-leading cloud-native service assurance and network visibility software remains a highly strategic asset for many players. The value of a strategic asset might be worth ~$500m to possible suitors, leading to a potential acquisition near $40/share.
Company Background
Radcom is somewhat of a rising phoenix, a company that had trouble selling into the world's largest communication service providers ("CSPs")