Enghouse Systems Limited
TSX : ESL

Enghouse Systems Limited
Aktavara AB

Aktavara AB

September 09, 2015 05:00 ET

Enghouse Systems Acquires Aktavara AB

Acquisition Expands Enghouse's Portfolio of Network Operator Solutions

MARKHAM, ONTARIO and STOCKHOLM, SWEDEN--(Marketwired - Sept. 9, 2015) - Enghouse Systems Limited (TSX:ESL) announced today it has acquired Aktavara AB.

Headquartered in Stockholm, Sweden, Aktavara's 19-employee team provides innovative software solutions for telecommunications service providers. The company's product line includes a configurable off-the-shelf software product that creates and manages configuration parameters for all modern multi-vendor network technologies, and a comprehensive suite for automated network resource planning and inventory management. Aktavara's customers include wireless and fixed line convergent network operators in Europe, Africa and the Middle East.

"Aktavara is an important addition to our network operator solutions portfolio," said Sunil Diaz, General Manager, Enghouse Networks. "The acquisition strongly positions Enghouse to respond to the emerging needs of network operators, which are moving toward software defined networking and network functions virtualization. We are pleased to welcome Aktavara's customers and employees to our organization."

"We are pleased to join Enghouse and contribute to the rapid growth of its Networks Group," said Matti Helminen, CEO of Aktavara. "From the outset of our discussions, we quickly recognized that Enghouse would be a great fit for our employees and customers, and would enable our growth within a larger global footprint."

About Enghouse Systems Limited

Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a larger and more diverse enterprise software company through strategic acquisitions and managed growth within its business sectors: Contact Center, Networks (OSS/BSS) and Transportation/Public Safety. Enghouse shares are listed on the Toronto Stock Exchange (TSX:ESL). Further information about Enghouse is available at www.enghouse.com.

About Aktavara AB

Founded in 2002 in Stockholm, Sweden, Aktavara prides itself on being one software solution for any network technology from any vendor, with strong solutions for multi-vendor, multi-technology convergent networks. Aktavara's turnkey software dramatically improves telecom and network operators' efficiency in bringing services to their customers. For more information, please visit www.aktavara.se.

Contact Information

  • Enghouse Systems Limited
    Sam Anidjar
    VP, Corporate Development
    (905) 946-3302
    www.enghouse.com