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04 August, 2016Redknee Solutions Inc. a provider of real-time monetisation and subscriber management software, has signed a new multi-million dollar digital transformation contract with Tbaytel, the largest independently owned telecommunications service provider in Canada. (more…)
15 October, 2015In a conference call today, Lucas Skoczkowski, Redknee‘s CEO, told analysts and media that the acquisition of insolvent Orga Systems, “positions Redknee as the largest independent provider of choice for real-time monetisation and subscriber management software platform.” (more…)
06 August, 2015Redknee 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).
24 June, 2015With its planned acquisition of Orga Systems from the German equivalent of Chapter 11 bankruptcy protection for €38 million, Redknee will gain what its chief executive, Lucas Skoczkowski, describes as a “great customer base”. (more…)
10 April, 2015Germany-based billing and charging software vendor Orga Systems has initiated a restructuring plan and applied for preliminary insolvency proceedings at the Administrative Court of Paderborn. Jeremy Cowan reports. (more…)
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