October 19, 2010 07:00 ET
Mirapoint and Critical Path to Merge
Combined Company Creates a World Leader in Messaging and Security Solutions
SUNNYVALE, CA and DUBLIN, IRELAND--(Marketwire - October 19, 2010) - Mirapoint Software, Inc., the secure enterprise messaging experts, and Critical Path, Inc., a leading provider of messaging software and services, today announced that they have entered into a definitive agreement to merge.
The combination advances both companies' strategies of delivering world class messaging, security and archiving solutions to leading enterprises and service providers around the world.
"This merger brings immediate new value for Mirapoint's enterprise and service provider customers," said Jeff Witous, CEO, Mirapoint. "Mirapoint has achieved recognition as a world leader in providing integrated email, security and archiving solutions in the convenience of an appliance. We are delighted to now have the opportunity to combine that expertise with Critical Path."
"This merger enriches our messaging and security offerings for our combined customers around the world," commented Critical Path CEO Mark Palomba. "We can now offer an unparalleled breadth of solution options ranging from turnkey appliances to highly customized solutions to software as a service for both enterprises and service providers."
The transaction is expected to be completed within 30 days. The combined company will operate under the name Critical Path Inc., with primary operations in Sunnyvale, California and Dublin, Ireland. Mark Palomba will serve as CEO with Jeff Witous serving as a strategic advisor to the combined company.
About Mirapoint Software, Inc.
Founded in 1997, Mirapoint Software is the market leader in appliance-based solutions for secure message networks in enterprise, service provider, and education organizations, with more than 120 million mailboxes served and secured worldwide. Customers use Mirapoint appliances to build the messaging infrastructure that intelligently serves, secures, and manages email. Mirapoint is headquartered in Sunnyvale, California, with offices throughout North America, Europe, and Asia. For more information about Mirapoint, visit its Web site at www.mirapoint.com.
About Critical Path, Inc.
Critical Path's Memova® suite of applications and services are chosen by leading service providers and enterprises around the world to enable millions of people to communicate, connect, share and organize while providing industry-leading safety and assurance.
With offices around the globe, Critical Path supports companies with their deployments of Memova solutions to drive revenue, boost loyalty, streamline operations and reduce costs. More information is available at www.criticalpath.net.
Note to Editors:
Critical Path, the Critical Path logo, Messages that Matter, The World is Mobile, AppLink, Memova and the Memova logo are the trademarks of Critical Path, Inc., registered in various jurisdictions. All other trademarks are the property of their respective holders.