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Openet Acquires Forkstream

Jun 18 2013 12:00AM

Marketwire

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DUBLIN, IRELAND -- (Marketwired) -- 06/18/13 -- Openet, a global leader of real-time transaction management software and services, today announced the acquisition of Dublin, Ireland based Forkstream. A spin out from University College Dublin, and supported by Enterprise Ireland, Forkstream's technology enables operators to define policies for routing mobile data streams within and between different access networks while ensuring a seamless user experience.

Forkstream's client side technology interacts with the network core via Openet Interaction Gateway, enabling operators to manage network access policies using their Policy Controls Rules Function (PCRF). The technology is fully compliant with 3GPP Access Network Discovery and Selection Function (ANDSF) standards that enable consumer devices to discover and communicate with non-3GPP networks such as WiFi or WiMAX.

"Integrating Forkstream into the Openet PCC ecosystem enables our customers to overcome many challenges related to seamlessly integrating multiple access networks with cellular services," said Openet CTO Joe Hogan. "They developed an elegant solution to ensure cross-network session continuity and flow management, which is key to a quality user experience."

Forkstream technologies extend the functionality defined within the 3GPP standards to include dynamic network selection as well as analytics and monitoring.

"We are thrilled to join the world's leading PCC vendor at a time when Operators are investing heavily in multi-access networks and cross-network services," said Forkstream co-founder John Fitzpatrick. "Supporting network access decisions within the policy and charging infrastructure makes it easy for operators to deliver more to their customers."

By interacting with the PCC infrastructure through Openet Interaction Gateway, Forkstream technology enables a mobile device to direct data flows across multiple networks simultaneously depending on defined PCRF policies. This provides granular control of traffic offload policies and enables new business models that include service options specific to an access network.

For more information about Openet, please visit: http://www.openet.com/.

About Openet
Since the introduction of mobile data services in 1998, Openet has helped service providers capitalize on opportunities and overcome challenges. With competitive pressure accelerating, today's service providers rely on Openet software to evolve business models around networking smartphones, M2M devices and third party services. Openet's portfolio combines policy and charging control with device and third party interaction to enable innovative charging models, to control operating cost and to personalize services. More than 80 of the world's largest service providers in 28 countries use Openet's high performance software. For more information, please visit www.openet.com.



Contacts:
Barry Marron
Openet
+353 16 204662
Barry.Marron@openet.com

Jena Rossi
SHIFT Communications
(617) 779-1878
openet@shiftcomm.com





Source: Marketwire