Showing posts with label Openwave. Show all posts
Showing posts with label Openwave. Show all posts

Monday, March 19, 2018

Enea acquires Openwave Mobility

Enea AB completed its acquisition of Openwave Mobility, a company offering a scalable NFV platform for mobile operators. The acquisition price was approximately US$90 million.

Openwave Mobility is headquartered in California and generated preliminary adjusted revenues of approximately US$27 million in 2017 and an EBIT of US$ 3 million.

ENEA said the acquisition expands its portfolio and addressable market.