Enea Acquires Openwave Mobility for $90M

28 February 2018
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Enea Acquires Openwave Mobility for $90M Image Credit: Enea

Enea, a leading provider of open-source based NFVI platforms and embedded DPI software, has signed an agreement to acquire Openwave Mobility for $90 million.

Headquartered in California, Openwave Mobility's solutions for mobile traffic management empowers mobile operators to manage and monetize encrypted and unencrypted traffic.

The solutions are in part based on technology that Enea acquired through the Qosmos acquisition one year ago, and it is currently deployed by 7 of the top 20 mobile operators worldwide. Openwave Mobility has also an extensive portfolio of cloud-native solutions for subscriber data management. The subscriber relationship is one of the key assets of mobile operators today, and Openwave Mobility's solution helps tier one operators worldwide to monetize subscriber data.

Openwave Mobility's management and founders will continue to work in the combined business going forward.

Anders Lidbeck, President and CEO, Enea
We are acquiring yet another very successful company and with the addition of Openwave Mobility, Enea will move up the value chain and establish a strong direct relationship with the network operators. 

John Giere, CEO of Openwave Mobility 
The combination of Openwave Mobility and Enea provides an exciting evolution and reflects a change in the overall value chain, where independent software vendors will play a bigger and more significant role moving forward.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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