Cloud-based network solutions company, Aepona, whose largest venture investor is Amadeus Capital Partners, has been acquired by Intel. Details of the transaction have not been divulged.
Co-founded by Dublin entrepreneur Gilbert Little, Aepona has offices in Belfast, Bristol, Wicklow, Denver, California and Sri Lanka and employs some 300 people.
Amadeus first backed Aepona in 2003 and has supported the company since then, alongside Irish and French venture capital investors and corporates including Blackberry Partners and SAP.
Aepona was the original developer of the OneAPI technology currently being deployed worldwide by many mobile carriers to enable them to launch new services faster by providing application developers with direct access to their network key assets. This month, Aepona’s Monetization Platform was chosen by Vodafone India to connect the company’s network services across India, enabling Vodafone’s business partners to reach and bill its 147 million plus mobile subscribers.
Aepona is the third successful mobile technology business founded by Gilbert Little, previously involved with Aldiscon acquired by LogicaCMG, and Apion, acquired by Openwave.
According to Andrea Traversone, partner at Amadeus, “Aepona is one of the most innovative wireless technology companies founded in Europe and we are proud to have been part of its development during our investment period. I am sure the company’s technology will be key to Intel’s mobile strategy.”
For further details, please contact: Chantal Ligertwood, PR for Amadeus,
07976 229 210. chantal@ligertwood.net