Acquisition Opportunity Adax was acquired by Glen Dimplex Group in July 2023, signaling potential strategic alignment and channel expansion through a larger corporate partner. Sales conversations can explore co-selling, integration into Glen Dimplex’s distribution network, or leveraging their broader customer base in telecommunications and IoT.

Legacy to LTE Growth With a focus on high-performance signaling, DPI, security, and GTP acceleration across Legacy to LTE networks, Adax serves customers upgrading from older TDM/ signaling architectures to modern LTE and beyond. Target telecoms and MSPs undergoing network modernization for portable/IoT services.

Security & DTLS Historical product launches around DTLS and virtual signaling gateways indicate emphasis on secure, scalable signaling infrastructure. Markets to pursue include enterprises and carriers prioritizing secure signaling, private 5G/IoT deployments, and edge computing environments.

Partnership Momentum Past partnerships with XIUS and COTI Group suggest a favorable stance toward interoperable, multi-vendor ecosystems. This opens opportunities to position Adax as a trusted integrator for MVNOs, mobile core deployments, and cross-vendor signaling solutions.

Mid‑market Fit Estimated revenue in the lower tens of millions and a 51–200 employee base align with mid-market telecoms and managed network service providers seeking scalable, modular infrastructure. Focus on mid-size operators and regional carriers looking to modernize signaling gateways and IoT connectivity.