NMS Communications to acquire Openera Technologies
Posted on | February 16, 2006 |
US based NMS Communications, a provider of infrastructure technologies and applications platforms to operators has acquired Bangalore based Openera Technologies, a provider of mobile application handset solutions for converged mobile networks.
Completion of the transaction is expected to occur within the next few weeks, for consideration of $16.4 million in stock, approximately 51% of which is contingent upon the continued employment of key employees of Openera over the 30-month period following the closing.
Post-acquistion, NMS Communications will grow from around 340 employees (4 in India) to 410 employees, 70 of whom will be in India.
Jawad Ayaz, Openera founder and CTO
“The merger represents a strong validation of Openera’s market and technology leadership and of our core belief that world-class technology products can be conceptualized, designed and developed in India,”
Joel Hughes, Openera CEO
“With the resulting ability to deliver community-based mobile applications, multimedia personal communications, licensed and user-generated content applications and complete mobile marketing solutions, NMS will be uniquely positioned to provide mobile operators with the next generation of high-value applications and technology that have the greatest impact on their business.”
NMS had opened its India office last year after selling through distributors for many years. Their products are deployed in several operator networks, including Reliance Infocomm, Hutch, Airtel, and BSNL, enabling voice and data messaging, enhanced IVR, call personalization and mobile entertainment services.
Openera’s Mobile IMS Client serves as a single, simplified pathway for launching and managing it’s portfolio of presence-based applications, including Peer-to-Peer Video Sharing, Active Phone Book for community services, Push to Talk over Cellular and Instant Messaging. Openera’s SIP-based solutions enable the rapid delivery of these emerging IP multimedia communication services on mobile devices spanning 2.5G, 3G, IMS and WiFi networks.
Openera’s integrated portfolio of client-based 3G and IMS mobile applications for smart-phone and feature-phone platforms complements NMS’s network-based applications and technology to make it a end-to-end solution.
Thanx to Brough Turner for the tip.
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