Optiva
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| File:Updated Optiva Logo RGB.png (black w transparent backg for online use) (2).png | |
| Company type | Public |
|---|---|
| TSX: OPT | |
| Industry | Telecommunications |
| Headquarters | Toronto, Ontario , Canada |
Area served | Worldwide |
Key people | Robert Stabile (CEO), Michele Campriani (CRO), Matthew Halligan (CTO) |
| Products | BSS, Charging, Partner Monetization available on private and public clouds |
| Revenue | $100m (2019) |
| $3m (2019) | |
Number of employees | >500 |
| Website | www.optiva.com |
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Optiva Inc. (formerly Redknee Solutions, Inc.[1]) is a Canadian telecommunications company that provides business support systems through cloud computing.
History
[edit | edit source]Optiva was founded in 1999 as Redknee Solutions by then CEO, Lucas Skoczkowski, and four other co-founders.[2] The company expanded into Europe in 2000[3] and opened R&D facilities in Pune, India in 2004.[4] It was later listed on the London AIM Index in 2007[5] and on the Toronto Stock Exchange in 2008.[6]
In 2017 ESW Capital took control of the company, removing the CEO, Lucas Skoczkowski, and replacing him with Danielle Royston from ESW Capital. [7][8] Redknee Solutions was then rebranded as Optiva on Jan 16, 2018.[9] The rebranding effort was completed on April 5, 2018.
In July 2020, Optiva made the decision to redeem its preferred shares.[10] As a result, ESW lost control of the company, and Danielle Royston resigned as CEO. In August, at the annual and special meeting, the shareholders approved to ratify the adoption of the company's shareholder rights plan and to approve the unallocated options available under the company's stock option plan.[11]
In December 2020, John Giere was named president and CEO of Optiva.[12] Robert Stabile, Chairman of the Optiva Board since 2017, is the CEO as of May 2024.
Acquisitions
[edit | edit source]Optiva grew substantially by acquisition.
- 2007 - Argent Networks for $4 million[13]
- 2010 - Nimbus Systems for an undisclosed amount[14]
- 2013 - Nokia Siemens Networks BSS division for $52 million[15]
- 2015 - Orga Systems for EUR38 million[16]
Products
[edit | edit source]Optiva provides cloud native BSS, Charging and Partner Monetization software and services to the telecommunications industry. These include rating and charging, converged billing, customer experience management, interconnect billing and customer care. Its products address wireless, fixed line, satellite, WiMAX, MVNO, MVNE and broadband providers across the Americas, Europe, Asia Pacific, the Middle East and Africa.
References
[edit | edit source]- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ http://www.financialpost.com/small-business/business-solutions/story.html?id=2653342[permanent dead link] Patience Pays Off
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ http://strategis.ic.gc.ca/eic/site/sbrp-rppe.nsf/eng/rd02458.html Archived 2012-05-18 at the Wayback Machine Redknee Solutions Inc.:Planning for Success
- ^ https://www.theglobeandmail.com/archives/canadian-tech-firm-goes-public----in-uk/article746327/ Canadian Tech Firm Goes Public -- in U.K.
- ^ http://www.newswire.ca/en/releases/archive/October2008/21/c7885.html Redknee Common Shares Approved for Trading on Toronto Stock Exchange
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- ^ http://www.lightreading.com/document.asp?doc_id=150073 Redknee Buys Argent's InBill
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