|By Business Wire||
|December 4, 2013 06:00 AM EST||
Openwave Messaging, Inc., a leading provider of innovative messaging software solutions, announced today it has acquired Critical Path, Inc., a leader in messaging, security, and unified communications. Dave Ratner, president and CEO, will continue to lead the Company. With more than 400 million mailboxes installed worldwide and 35% market share from named software vendors, Openwave Messaging is the undisputed global market leader for white-label messaging systems.
Openwave Messaging delivers world-class products and solutions to the global messaging market. The comprehensive product portfolio includes a complete messaging environment optimized for today’s most complex messaging requirements, including support for millions of mailboxes, unlimited storage, modern security controls, identity management, open APIs for internal and external integration, and a true five-nines messaging platform. Openwave Messaging is well positioned to increase market share and expand into adjacent markets by leveraging its combined expertise, technology and vision for the future. The Company is backed by Marlin Equity Partners, a global investment firm with over $2.6 billion of capital under management, providing significant operational expertise and financial resources.
“Openwave Messaging’s acquisition of Critical Path changes the landscape of the messaging market,” stated Sara Radicati, Ph.D., president, The Radicati Group. “Combining the two companies will deliver greater value to customers and create new industry leading offerings. We look forward to seeing the Company’s future progress in developing new products and services.”
“The acquisition of Critical Path is a key milestone for us,” said Dave Ratner, president and CEO, Openwave Messaging. “There are a number of synergies between the two companies. We have greatly expanded our installed base, global presence, partner network, and user community. We are well positioned to accelerate our innovation and lead the market in product advances. We will make sure this is a smooth transition for all parties. Most importantly, we are 100% committed to every customer and partner around the world.”
Openwave Messaging remains headquartered in Redwood City, California.
About Openwave Messaging, Inc.
Openwave Messaging is the leading global provider of innovative messaging solutions for service providers and enterprise companies. The world-class product portfolio includes a complete messaging environment optimized for today’s most complex messaging requirements, including support for millions of mailboxes, unlimited storage, modern security controls, identity management, open APIs for internal and external integration, and a true five-nines messaging platform. The Company’s products are available as software or appliances, and can be deployed on premise, in a hosted datacenter or in the Cloud. Openwave Messaging is headquartered in Redwood City, California and has offices in Ireland, the UK, France, Spain, Germany, Italy, China and Japan. The Company is privately held by Marlin Equity Partners, a global investment firm. For more information, please visit www.owmessaging.com or follow us on Facebook or Twitter @owMessaging.