Qvantel to acquire Optiva for $108.6m.

Qvantel, a telecom software company specializing in digital business support systems solutions, agreed to acquire Optiva, a provider of business support systems and telecom monetization software for $108.6m. “For customers, partners and employees, this marks the opening of the exciting journey to drive innovation, business success and inspiration. This builds on our strong momentum in the BSS market. With a unified global team, extended scale and close collaboration with leading CSPs, the combination of Qvantel and Optiva is set to lead the next evolution of BSS and monetization in the AI era. Together with Optiva, as a proud multicultural company, we cherish our shared Nordic and Canadian roots, united in a common corporate culture built on trust, commitment, collaboration and care. This will ensure a seamless integration that enhances the services we deliver," Matti Roto, Qvantel CEO and Chairman.