Openwave Messaging Acquires Critical Path
Published on: 4th Dec 2013
By: Ian Mansfield
Openwave Messaging has acquired Critical Path for undisclosed amount. Dave Ratner president and CEO will continue to lead the Company.
With more than 400 million mailboxes installed worldwide and 35% market share from named software vendors, Openwave Messaging says that it is the market leader for white-label messaging systems.
Openwave Messaging is backed by Marlin Equity Partners, a global investment firm.
"The acquisition of Critical Path is a key milestone for us," said Dave Ratner, president and CEO, Openwave Messaging. "There are a number of synergies between the two companies. We have greatly expanded our installed base, global presence, partner network, and user community."
Openwave Messaging remains headquartered in Redwood City, California.