mFormation buys Aepona's device management arm
Predictions that the mobile device management (MDM) market would undergo consolidation this year have been given a boost with the news that mFormation Technologies has today announced it has acquired Aepona (England) Ltd, a subsidiary company of Aepona Group Ltd. Both companies are suppliers of MDM software and services to operators
“Today’s announcement is great news for mFormation, its shareholders and customers. The deal will allow mFormation to extend its global lead in comprehensive MDM solutions by delivering real value to the network operator, enabling them to configure, deploy, support, secure, update, retire services to a variety of market segments including Consumer, Enterprise, SME and SoHo”, said Mark Edwards, chief executive officer and chairman of mFormation Technologies.
“The acquisition of Aepona’s device management business strengthens our value proposition further to mFormation customers. Going forward we will also be working in partnership with Aepona as it continues to roll-out its Causeway platform to operators worldwide – supporting them with next generation and IMS solutions development.”
Together, mFormation and Aepona deliver MDM solutions to over 20 independent Network Operators, including T-Mobile and Vodafone.
“In order to allow Aepona to focus even more on the rapidly growing Causeway business, the Board decided to divest the Aepona Device Management System subsidiary following a track record of successful divestments to market leaders such as Openwave and LogicaCMG. We are delighted to have completed this transaction with mFormation, a leader in Mobile Device Management. We look forward to a partnership with mFormation to add value to our customers,” said Gilbert Little, Chairman of Aepona’s Board.
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