LOS ALTOS, CA --(Marketwired - February 15, 2017) - Cloud native communications software leader Metaswitch today announced the acquisition of OpenCloud , recognized experts in mobile service enablement. Currently in use by more than 60 operators worldwide, OpenCloud products transform the real-time communications service layer to create innovative revenue-generating services and migrate traditional IN-based mobile voice services to IMS. This acquisition enables Metaswitch to offer global service providers a pure-play software VoLTE solution, adding the market-leading Rhino Telecom Application Server (TAS) to its Clearwater IMS Core and Perimeta SBC.
"The acquisition of OpenCloud is a key part of our portfolio expansion strategy to fully serve both mobile and converged network operators," said Metaswitch CEO Martin Lund. "Global operators have long looked to Metaswitch for innovative communication solutions and we are now perfectly placed to ensure the rapid deployment of VoLTE today, and to quickly deliver differentiated services on the path to 5G."
"Metaswitch is the ideal strategic and cultural fit for OpenCloud and our customers," added OpenCloud CEO Ian Clarke. "Both companies have outstanding engineering teams, a commitment to continued leadership in virtualized network functions, proven mobile service solutions and a dedication to advancing the cause of our mobile customers, worldwide."
The VoLTE market is experiencing a period of rapid growth, with subscribers estimated to have exceeded 310 million at the end of 2016 and predicted to exceed 1 billion by the end of 2020, according to a recent report from IHS Markit (1). IHS Markit also forecasts growth of the NFV MANO and VNF market at a compound annual growth rate (CAGR) of 42 percent -- from $2.2 billion in 2015 to $12.4 billion in 2020. (2). Given the above figures, Metaswitch is confident that cloud native communications software is one of the keys to unlocking the benefits (lower capex and opex, agility, rapid innovation) promised by NFV.
Unlike traditional communication network equipment, the Rhino TAS is an open platform for extension and development by its network operator customers and their developer partners through an extensive set of APIs and SDKs, available from partners through RhinoMarket . This enables them to have more control of the direction, speed and cost of their network and service evolution than they do when working with other vendors. The combination of openly-programmable pure software products enables visionary service providers to deliver real-time communication services across all generations of wireline, mobile, converged and MVNO networks.
"Carrier transitions from legacy networks to VoLTE are greatly facilitated by vendors that can streamline procurement, deployment, interworking, management and support," said Stéphane Téral, senior research director, Mobile Infrastructure and Carrier Economics, IHS Markit. "Metaswitch's acquisition of OpenCloud not only accelerates mobile service virtualization, but also cements them as a strategic supplier to mobile operators that are considering deploying VoLTE, and innovating beyond."
Metaswitch will be at Mobile World Congress 2017. Request a meeting here .
(1) Information based on IHS Markit, 2016 VoLTE Services & Subscribers Market Report .
(2) Information based on IHS Markit, NFV Hardware, Software, and Services Annual Market Report .
Information is not an endorsement of Metaswitch. Any reliance on these results are at the third party's own risk. Visit https://technology.ihs.com for more details.
About Metaswitch
Metaswitch is the world's leading cloud native communications software company. The company develops commercial and open-source software solutions that are constructively disrupting the way that service providers build, scale, innovate and account for communication services. By working with Metaswitch, visionary service providers are realizing the full economic, operational and technology benefits of becoming cloud-based and software-centric. Metaswitch's award-winning solutions are powering more than 1,000 service providers in today's global, ultra-competitive and rapidly changing communications marketplace. For more information, please visit www.metaswitch.com .
Copyright © 2017 Metaswitch Networks. "Metaswitch" and "Metaswitch Networks" are registered trademarks. Brands and products referenced herein are the trademarks or registered trademarks of their respective holders.
Press Contact Wilson Craig Mindshare PR +1 408 516 6182 wilson@mindsharepr.com
