Redknee Solutions has announced the closing of the acquisition of Orga Systems. Redknee had previously announced its intention to purchase Orga Systems on 23 June 2015.
“We are excited to welcome Orga Systems’s employees and customers to Redknee. We look forward to building long-term relationships together through our customer-for-life approach to the market, by engaging our employees and partners to create innovative and market leading solutions,” said Lucas Skoczkowski, Redknee’s CEO. “With support from our customers, this acquisition further accelerates Redknee’s strategic plan realization and creates one of the best positioned real-time monetisation and subscriber management software companies in our space.”
The completion of this acquisition increases Redknee’s market share and strengthens the company’s technology and expertise across the communications, automotive, energy, and transportation sectors. The combined company has a comprehensive product suite addressing real-time monetisation and subscriber management, catalogue and order management.
Orga’s highly skilled team across Europe, Middle East, and Africa (EMEA), the Americas, and Asia Pacific will join Redknee, broadening its global reach.
The acquisition of Orga Systems broadens Redknee’s market share with customers across the telecom and non-telecom industries. Orga customers include América Móvil, Astelit, Avea, BMW, Telecom Italia Group and Meralco Philippines. The acquisition further solidifies Redknee’s position in its existing markets, and provides the foundation to pursue additional opportunities within the Internet of Things (IoT).
