Openwave Mobility and Openwave Messaging

Openwave Mobility and Openwave Messaging delivers innovative software solutions for telecommunications, enabling efficient network management and traffic monetization in the rapidly evolving mobile landscape. Openwave Mobility and Openwave Messaging was founded in 2012 and is headquartered in Redwood City, US. The company specializes in software solutions for mobile operators, focusing on traffic management and monetization. In March 2016, Synchronoss Technologies agreed to acquire Openwave Mobility and Openwave Messaging, although financial details were not disclosed.

The firm has completed two deals since its inception, with the most recent deal occurring on March 2, 2016. The company raised a total of USD 55. 00 mn through its latest funding round, a Buyout led by Marlin Equity Partners. Openwave Mobility and Openwave Messaging provides advanced software solutions that are essential for the telecommunications sector.

Their key offerings include NFV (Network Functions Virtualization) software platforms and embedded Deep Packet Inspection (DPI) solutions. These products enable mobile operators to efficiently manage and monetize both encrypted and unencrypted traffic, particularly in mobile video. Their solutions are utilized by several prominent telecommunications clients, including a significant number of the top twenty mobile operators globally, and they maintain a strong presence in North America, Europe, Asia-Pacific, and the Middle East. In 2017, Openwave Mobility generated preliminary adjusted revenues of approximately USD 27 mn.

The company reported an EBIT of USD 3 mn, indicating a profitable core software business model. Revenue is generated primarily through B2B transactions in which telecommunications companies license their software solutions. This model is supported by subscription agreements and long-term partnerships that allow clients to access core technologies for improved traffic management and subscriber data monetization. The company is focused on expanding its market reach and enhancing its product offerings.

Plans for future growth include the potential launch of new product features designed to improve operational efficiency for telecom operators. Recent funding from the Buyout will be utilized to support these product developments and enhance their market presence. Openwave Mobility and Openwave Messaging is also targeting expansion into emerging markets in Asia-Pacific and the Middle East, aiming for completion of these initiatives by the end of 2023.