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Aptilo Networks Acquires Airpath Wireless

Aptilo Networks has announced this morning that it is acquiring Airpath Wireless, a provider of hosted solutions for network operators, service providers and systems integrators to deploy and manage metropolitan and municipal broadband wireless networks.

The company says that the acquisition doubles Aptilo's presence and revenue in the USA, and the merged operations will become the largest provider of integrated wireless service management solutions globally.

The acquisition also bolsters Aptilo's existing software license and managed service offerings with the addition of Airpath's managed service solutions. Aptilo is the only vendor in the sector to offer both software licenses and managed service globally. The market demand for managed service or by many named software-as-a-service (SaaS) is predicted to triple 2006 numbers by 2011. This flexibility -- the ability to shift between software licenses and SaaS -- is a benefit to service providers and enterprises as they evolve through different phases of business growth.

"There is tremendous opportunity for integrated broadband wireless solutions. We expect the Wi-Fi/WiMAX market will experience significant growth, fueled by an increasing number of devices with built-in Wi-Fi/WiMAX technology. This will attract many new types of users and new services. In this market, it is essential to continue to build on economy of scale and Aptilo's proven stability, and our already established profitability. This is key for our customers and business partners," said Torbjorn Ward, Chief Executive Officer, Aptilo Networks. "This acquisition strengthens Aptilo's proven, feature-rich managed service offerings in North America, positioning us well to lead the market with unique solutions, unparalleled functionality and exceptional service."

As part of the transaction, Aptilo and Airpath will unite their operations, staff and customer base.

Posted to the site on 14th January 2008

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Tags: aptilo networks 

 

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