ActivePort Acquires Australian Telecom Provider Future Broadband to Accelerate Global Edge Deployment
ActivePort acquires Future Broadband as part of accelerated rollout of its Global Edge platform in Australia.
Global software provider ActivePort (ASX: ATV) acquired Future Broadband in a 100% certificate-based acquisition at a price of 20 cents per ATV share.
ActivePort expects the deal to add $1.8 million in revenue, based on FY22 revenue estimates, while creating Australia’s first fully orchestrated end-to-end self-service SD-WAN solution .
Future Broadband provides quality broadband and has specialized software that automates the delivery of telecommunications services over Australia’s fiber networks.
ActivePort provides global network orchestration and cloud connectivity software, including SD-WAN and SD-Internet, which has been specifically designed for the telecommunications industry.
This latest deal comes after ActivePort recently announced new deals with Radian Arc worth a minimum of $8.65 million over the next five years.
ActivePort said it will integrate Future Broadband’s technology into its Global Edge platform and be the first to offer a self-service edge-to-cloud SD-WAN orchestration portal.
Global Edge is a self-service network provisioning and management portal. It aims to simplify the connection of offices, facilities and devices at the network edge anywhere in the world, to data centers and cloud services at the core.
The combination of Future Broadband’s services and ActivePort’s fully integrated SD-WAN will deliver enterprise-ready connectivity at a price far below traditional enterprise network services.
The company said international customers requiring end-to-end services in Australia can use ActivePort’s Global Edge Portal to quickly and easily add Australian locations to their network.
Future Broadband’s Australian customers can leverage ActivePort’s global network of SD-WAN aggregation points to extend their reach into global markets.
Ability to build the entire network
ActivePort said the addition of end-to-end provisioning with Future Broadband complements the service in Australia by giving customers the ability to build a complete network, including operator services, from one portal. unique.
Future Broadband customers who previously purchased expensive international data communications links from global carriers can now build their networks dynamically using Global Edge’s low-cost connectivity, end-to-end automated provisioning, and integrated SD-WAN technology.
With the addition of Future Broadband’s automation technology, Global Edge offers international customers purchasing network services in Australia a single portal that makes purchasing and onboarding network services in Australia simple and cost effective.
Future Broadband founder Jason Mikronis will join the ActivePort team to pilot the Global Edge product.
ActivePort CEO Karim Nejaim said Global Edge was designed as a next-generation network-as-a-service (NaaS) software platform that spans cloud-to-edge with built-in SD- WAN and Network Functions Virtualization (NFV).
“The acquisition of Future Broadband and the addition of Jason to our team will accelerate the rollout of our Global Edge platform in Australia and internationally,” said Nejaim.
He said Global Edge makes network delivery much easier and faster, especially for its international customers purchasing services in Australia.
“These customers no longer need to research carriers in Australia, call for quotes, wait and then place orders,” he said.
“Now they can simply log into the Global Edge portal, select local carriers, bridge their interconnects, add cloud services, and connect.”
Mikronis said he has been deeply involved in the Australian internet industry since 2004, with brands 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 were too compelling to miss,” he said.
“ActivePort’s software complements the enterprise features my customers need, including SD-WAN and NFV, and their global reach allows me to export my expertise to international markets.”
This article was developed in conjunction with ActivePort Group, a Stockhead advertiser at the time of publication.
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