Pic: Getty Images
ActivePort acquires Australian telecommunications provider, Future Broadband, to accelerate deployment of Global Edge
Tech
share
ActivePort acquires Future Broadband as it moves to fast-track deployment of its Global Edge platform in Australia.
Global software provider ActivePort (ASX:ATV) has acquired Future Broadband in a 100% scrip based acquisition priced at 20 cents per ATV share.
ActivePort forecasts the deal will add $1.8m in revenue, based on FY22 revenue estimates, while creating Australia’s first fully orchestrated, end-to-end, self-service SD-WAN solution.
Future Broadband delivers performance-grade broadband and owns specialised software that automates telecommunication service delivery over Australia’s fibre networks.
ActivePort provides global network orchestration and cloud connectivity software, including SD-WAN and SD-Internet, that has been specifically designed for the telecommunications industry.
Software integration
ActivePort said it will integrate Future Broadband’s technology into its Global Edge platform and be the first to deliver a single-vendor, self-service edge-to-cloud SD-WAN orchestration portal.
Global Edge is a self-service network provisioning and management portal. It aims to simplify connecting offices, facilities, and devices at the edge of the network anywhere in the world, to data centres and cloud services at the core.
The combination of Future Broadband’s services and ActivePort’s fully integrated SD-WAN, will deliver enterprise-capable connectivity at a much lower price than traditional corporate network services.
The company said international customers requiring end-to-end services in Australia can use ActivePort’s Global Edge portal to add Australian locations to their network quickly and easily.
Future Broadband’s Australian customers can leverage ActivePort’s global network of SD-WAN aggregation points to expand their reach into global markets.
Ability to build entire network
ActivePort said the addition of end-to-end provisioning with Future Broadband fills out the service in Australia by providing customers the ability to build an entire network, including carrier services, from a single portal.
Future Broadband’s customers that previously purchased expensive international data communications links from global telecommunications companies can now build their networks dynamically using Global Edge’s low-cost connectivity, automated end-to-end provisioning, and integrated SD-WAN technology.
With the addition of Future Broadband’s automation technology, Global Edge offers international customers buying network services in Australia a one-stop portal that makes purchasing and integrating network services in Australia, simple and cost effective.
Future Broadband founder Jason Mikronis will join the ActivePort team to drive the Global Edge product.
Accelerating deployment
ActivePort CEO Karim Nejaim said Global Edge was built as a next-generation network-as-a-service (NaaS) software platform that extends all the way from Cloud to Edge with integrated SD-WAN and network function virtualisation (NFV) capability.
“The acquisition of Future Broadband, and the addition of Jason to our team, will accelerate deployment of our Global Edge platform in Australia and internationally,” Nejaim said.
He said Global Edge makes network delivery much easier and faster, especially for its international customers buying services in Australia.
“Those customers no longer need to research carriers in Australia, call for quotes, wait and then place orders,” he said.
“Now they can simply login to the Global Edge portal, select local carriers, bond their interconnects, add cloud services and connect.”
Mikronis said he had been deeply involved in Australia’s internet industry since 2004, with brand names including People Telecom, Optus, AAnet, Eftel, AusBBS and Amaysim.
“I built Future Broadband with automation in mind and the synergies of my service with ActivePort’s Global Edge was too compelling to miss,” he said.
“ActivePort’s software rounds out the enterprise features my customers need, including SD-WAN and NFV, and their global reach enables me to export my expertise to international markets.”
This article was developed in collaboration with ActivePort Group, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
