SOURCE: Antenna Software

Antenna Software

June 15, 2009 08:00 ET

Antenna Software Acquires Dexterra

Creates Global Powerhouse in Mobile Enterprise Market

Combined Company to Deliver Most Comprehensive and Innovative Mobile Platform for Customers and Partners

JERSEY CITY, NJ--(Marketwire - June 15, 2009) - Antenna Software and Dexterra, two leading providers of mobile enterprise technology and applications, today announced the completion of Antenna's acquisition of Dexterra. The combined company will set a new standard for enterprise mobility that embraces diverse systems and devices, offers more flexibility for mobile application development and allows organizations to scale multiple mobility initiatives across the enterprise with ease. As a result of the acquisition, customers and partners of both companies will benefit from more powerful technology, a broader portfolio of industry solutions and greater choices for mobilizing their businesses.

Based in Bothell, Wash., Dexterra has extensive operations throughout the Americas, Europe and Asia Pacific, supporting a vast network of global partners that include Accenture, ErgoGroup, Mincom and IBM. Together, Dexterra and its channel resellers support and service more than 100 global enterprises, which include blue chip companies like ADP, Virgin Media and Sylvania to name a few. By acquiring Dexterra, Antenna gains a stronger global presence, a proven channel-enablement strategy and established reseller channels -- positioning the company for accelerated growth in a highly competitive market.

This acquisition brings to Antenna an organization with a proven track record in the mobile marketplace, which according to IDC is forecasted to increase to $1.6 billion in 2012, representing a compound annual growth rate (CAGR) of 15.2 percent from 2007-2012 ("IDC, Worldwide Mobile Middleware 2008-2012 Forecast and 2007 Vendor Shares, IDC #215391, December, 2008"). The transaction follows Antenna's acquisition of Vettro's assets in November 2008, driving further industry consolidation and creating the largest privately held company in the mobile enterprise applications platform (MEAP) market.

"Over the years, Antenna and Dexterra have attacked the market from similar points of strength -- providing business-centric mobile solutions to enterprises that want to leverage mobile and wireless technologies to grow their businesses," said Stephen Drake, program vice president for mobility and telecom research, IDC. "Antenna's hosted, full-service approach to mobility, along with Dexterra's focus on carrier and other reseller channels, should help the combined company scale in the near term and greatly increase its potential sales for the long term."

Antenna will continue to provide full support of Dexterra's products and technology platform to its current customers, prospects and partners. Since Antenna and Dexterra complement each other in terms of industry focus, geographical coverage, go-to-market strategies and technology competencies, the newly integrated company will offer organizations more flexibility and choice. As a result, they will gain access to an expanded range of products and services that will allow them to leverage the latest mobile and wireless technologies to achieve rapid ROI, improve employee effectiveness, increase customer satisfaction, gain competitive advantage and increase supply chain efficiency.

"The acquisition of Dexterra propels Antenna even further toward its mission to be the de facto mobile architecture for the Global 1000," said Jim Hemmer, president and CEO, Antenna Software. "Our combined strengths will enable us to provide our enterprise customers and partners with proven mobile and wireless solutions that are grounded in a wealth of industry expertise and fortified by Antenna's strong financial position and experienced management team."

Terms of the transaction were not disclosed. For more information about the acquisition and Antenna Software, please visit www.antennasoftware.com/dexterra.aspx.

About Antenna Software

Antenna Software provides the Antenna Mobility Platform™ (AMP), which enables organizations to design, build, deploy and manage mobile applications quickly and cost effectively. Delivered as a managed service or on premise, AMP supports multiple enterprise systems and mobile devices from one unified environment. Powered by AMP, Antenna's AMP™ mobile business solutions provide field sales, service and IT support organizations with pre-built, configurable mobile applications that help improve field productivity, customer care and profitability. Having a decade of success with Global 1000 customers, Antenna is recognized by industry experts and leaders for its outstanding commitment to quality and service.