Aptilo Networks, a provider of pre-integrated offerings and access in wireless networks, has signed an agreement to acquire Service Factory, a division of Birdstep Technology.
Through this acquisition, Aptilo Networks is expected to strengthen its position in the field of wireless service management and policy control with the addition of large service provider customers like TeliaSonera, 3 Scandinavia, DU, Eircom and TDC.
Service Factory also brings their experience in working with European mobile operators, and will add to the development of Aptilo’s LTE and Policy Charging and Rules Function (PCRF) offerings.
The company said that Norvestor, a private equity company, has invested in Aptilo Networks, acquiring the shares of previous financial investors and becoming the majority shareholder.
Aptilo Networks new Chairman and partner in Norvestor Jarle Gundersen said already a profitable company, Aptilo represents a solid platform for further expansion within the rapidly growing area of helping operators to manage their mobile data traffic.
