Ottawa-based Openera Inc, a cross-cloud content manager, has been acquired by LiveQoS, formerly known as IPeak Networks, a provider of end-to-end QoS solutions for real-time applications. The financial details of the deal were not released. Openera has received seed-stage funding from BDC Venture Capital, Prolific Ventures and other investors since 2012, while LiveQoS, which is also based in Ottawa, is a portfolio company of MaRS Investment Accelerator Fund and other investors. The acquisition is intended to support LiveQoS’ platform by leveraging Openera’s e-mail and file document management and harvesting capabilities.
LiveQoS Acquires Openera, Adds Core Technology for Product Development
Acquisition Follows a Period of Rapid Growth and Development for LiveQoS
OTTAWA, ONTARIO–(Marketwired – Oct 22, 2013) – LiveQoS, the market leader in Quality of Experience (QoE) for mobile devices, today announced the acquisition of Openera. LiveQoS’ IPQ™ solution already guarantees the best cloud experience on mobile devices; Openera’s technology will add a core piece to LiveQoS’ product roadmap. This acquisition will bolster the current LiveQoS technology by leveraging the email and file document management and harvesting capabilities of Openera.
“Openera offered the perfect technology to compliment our current QoS applications,” said Martin Horne, CEO of LiveQoS. “Much like Onavo — on the consumer side — offers compression for Facebook, Openera enables LiveQoS to offer compression to the mobile business user in addition to the speed and security we already offer. Bringing on Openera and the team will allow us to launch a Cloud Services business that will ensure the best possible user experience for mobile users.”
“Openera was founded with the vision of the open cloud, making life easier for mobile employees while simultaneously meeting the security and control needs of enterprises moving to the cloud,” said Peter Lalonde, Founder of Openera, now Vice President of Cloud Services for LiveQoS. “This acquisition super charges our file compression and transfer technology for mobile users who need to find files fast while on the road. Now, with LiveQoS our partners can offer a higher quality of experience for their customers that rely on the cloud.”
The Openera employees have joined the LiveQoS team. Over the past year, including this acquisition, the LiveQoS team has grown by over 50-percent both in head count and office size. “This acquisition came at the perfect time in our growth period. It added just the right amount of people and the perfect addition to our technology. We look forward to continued growth over the next year as well,” added Horne.
Formerly operating as IPeak Networks, Live QoS is the #1 provider of end-to-end QoS solutions for real-time applications. Only LiveQoS has IPQ™ to find and fix the problems on any wired and wireless network. IPQ from LiveQoS dramatically improves users’ quality of experience (QoE) for network-based applications in unmanaged networks, guaranteeing the best video, file transfer and virtualization experience for smartphones, tablets, laptops and thin clients.
The company’s IPQ™ technology enables OEMs in the mobile, unified communications, enterprise and cloud computing market segments to optimize the network quality to suit the exact requirements of specific network-based applications, platforms or environments. The confluence of three megatrends — real-time, mobility, and multiple networks — is driving the new requirement for application-specific network QoS solutions.
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