Aepona Buys Valista
- Monday, July 6th, 2009
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Aepona, a global provider of telecoms software products and services headquartered in Belfast, Northern Ireland, has announced the acquisition of Valista, a Dublin, Ireland-based provider of payment, settlement and service lifecycle management solutions to mobile and broadband operators worldwide. The acquisition creates an independent vendor, operating under the Aepona brand, with a complete solution for the Network as a Service (NaaS) business model that Aepona says is now being embraced by Telcos globally.
With the NaaS model, mobile and broadband operators treat their network and informational assets as marketable resources that can be made available to third party application developers, upstream service providers and enterprises. These organizations can then enhance their applications, services and business processes with telco capabilities such as voice, location, messaging, profile, billing and so on.
The new Aepona offers telcos an end-to-end solution for the NaaS model, including Open APIs towards core network capabilities; third party relationship management; monetization; billing mediation and settlement; and service lifecycle management. Following the acquisition, Aeponas client list now includes some of the worlds largest mobile and broadband operators in North America, EMEA and Asia.
“For some time now, operators have recognized the need to adopt a more collaborative approach to working with organizations such as enterprises and web-based service providers,” says Aepona CEO, Al Snyder. “The rise in Over-the-Top services has made them realize that in order to compete effectively, they need to leverage their assets to the fullest extent possible, and this means opening up these assets towards third parties in a secure, controlled and billable manner.”
Snyder notes that while Aepona has secured several contracts with Tier 1 operators to implement their Open Network API programs, the company has, until now, lacked the monetization and settlement capabilities that are required for a true NaaS offering.
“With the acquisition of Valista, we can now offer telcos the means to monetize their Open API initiatives, as well as offering third parties a convenient way to bill end-users for their services,” he says.
Valista CEO Kevin McGrath describes the acquisition as: “a major step forward in the evolution of Valistas business. The combination with Aepona creates significant benefits for the customers of both companies, providing them with a more complete solution from a single, independent entity that has the operational scale to serve our large operator customers at a global level,” he says.