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Metaswitch Networks
Buys AppTrigger
March 11, 2010
Metaswitch
Networks has signed a definitive agreement to acquire AppTrigger., the
provider of Service Broker solutions. For carriers, Service Brokers
dramatically reduce the cost of service deployment by enabling
established applications to be provided across new networks while also
bringing new services to legacy customers. Combined with Metaswitch’s
VoIP/IMS infrastructure portfolio, the result is one of the industry’s
most complete set of solutions for the seamless migration of networks,
services and subscribers to IP.
"Carriers are
increasingly realizing that service brokers are key to their ability to
safely and cost-effectively evolve their business models to IP," said
Kevin DeNuccio, Metaswitch CEO. "AppTrigger has played an instrumental
role in defining this market, delivering the most robust, feature rich
solution, and demonstrating its ability to scale with deployments
processing billions of calls per month. This technology not only expands
the set of solutions we can deliver to our customers, but supports our
global growth strategy particularly in the rapidly-evolving mobile
application space."
A purpose-built, reusable software network element, a Service Broker
efficiently manages service interaction and service composition and
resides between the service layer and the converging network. AppTrigger
pioneered the Service Broker concept with its Ignite platform, which is
today deployed in multiple tier one networks worldwide. Ignite can be
rapidly deployed due to its unique support for a range of 17 pre-defined
application interworking solutions from non-geographical number and
local number portability (LNP) to wireless prepaid and network IVR.
"The Metaswitch acquisition of AppTrigger continues the overall momentum
of the Service Broker market," said Joe McGarvey, principal analyst of
Current Analysis. "Adding this technology to Metaswitch’s existing
product portfolio strengthens its position as a market leader in IP
transformation by providing a broader set of solutions and services to
enable service providers to better utilize their resource infrastructure
and achieve CAPEX savings."
Metaswitch’s
carrier solutions encompass session control, application/feature servers
and media and signaling gateway elements that support a range of network
architectures from legacy/TDM to NGN and full IMS. The addition of the
AppTrigger Ignite platform to the Metaswitch product line-up will enable
the company to provide standalone Service Broker solutions, as well as
accelerate adoption of its switching and applications product lines in
fixed-line and wireless networks in multiple geographical markets.
"We considered many options for taking the business forward, including
continuing to stay independent. Becoming part of Metaswitch represented
the most exciting route for us to scale our business globally and make
the greatest impact on the market," said Chris Todd, AppTrigger CEO.
"Throughout the process, we have experienced a strong cultural fit and
shared vision for the market that we believe will enable a smooth
integration."
Bowen Advisors acted as financial advisors and Wilson Sonsini Goodrich &
Rosati as legal advisors to AppTrigger. Metaswitch was advised by
Shearman & Sterling LLP. Closure of the acquisition is subject to
standard contractual conditions and expected by the end of the month. |