Openet

Openet
Private
Industry telecommunication-software
Founded Dublin, Ireland (1999)
Headquarters Dublin, Ireland
Key people
 Niall Norton, CEO
Joe Hogan, Founder and CTO
Products Policy Manager, Evolved Charging, Convergent Mediation, Interaction Gateway
Number of employees
 960 (2013)
Website www.openet.com

Openet is a software vendor with corporate headquarters in Dublin, Ireland, and two regional headquarters in Malaysia and the United States with offices worldwide. Openet products are used by telecommunications service providers to commercialize and analyze activity on their network through processing customers' data usage.

The company was founded in 1999. It received its initial funding from Cross Atlantic Technology Fund (XATF), which invested $2.7 million for a 13.0% stake.[1] In 2013 it had more than 900 employees and more than 80 customers in 32 countries.

Openet has an 11 percent share of the wireless policy management software market, the largest among its competitors.[2] Openet's product suite consists of Policy Manager, Evolved Charging, Interaction Gateway and Convergent Mediation.[3] Respondents to a December 2012 survey by Infonetics Research identified Openet, Tekelec and Huawei as the top three policy management vendors.[4] Amdocs initiated a legal complaint against Openet in August 2010 alleging the company violated two of its patents. Two additional patents were added to the case in January 2011. In the United States, a Virginia District judge Leonie Brinkema ruled in Openet's favour in February 2012, finding that Openet did not infringe on Amdocs' patents.[5] The judgment was reversed on appeal and the case is set for trial in April 2018.[6]

References

  1. ↑ "XATF invests $2.7m for 13% of Openet Telecom". The Irish Times. 1999-12-12.
  2. ↑ "Policy Management Report Summary" (PDF), Telecoms MEA, 1 March 2011, retrieved 2012-03-12
  3. ↑ "Products". Openet. Retrieved 21 March 2013.
  4. ↑ http://www.infonetics.com/pr/2012/Policy-Management-Strategies-Survey-Highlights.asp
  5. ↑ http://www.siliconrepublic.com/innovation/item/29471-openet-wins-summary-judgmen
  6. ↑ http://www.cafc.uscourts.gov/sites/default/files/opinions-orders/15-1180.Opinion.10-28-2016.1.PDF
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