Acquisition adds valuable component to growing solution set
Rochester, NY (January 8, 2008) – Ariston Global, L.L.C., which focuses on the acquisition and growth of communication solution providers, today announced it has completed the purchase of the assets of privately-held The Interactive Enterprise Ltd., an innovator in providing service activation and provisioning solutions for broadband operators.
The addition of Interactive Enterprise further strengthens the growing portfolio of Ariston Global companies, which addresses such solution segments as revenue and margin management, service delivery, application management, monitoring and assurance as well as related customer experience models – each with an orientation toward meeting next generation network challenges faced by telecom providers globally.
Headquartered in Dublin, Ireland, Interactive Enterprise will continue to market and deploy its popular Conexon service management suite. This open architecture solution encompasses a core high-performance provisioning engine and a set of customer management elements that can be combined to create a customized solution to meet the individual business and technical needs of broadband operators. The product suite allows for rapid activation of services across an operator’s customer base helping maximize revenue generation and market share.
As a result of this purchase, Interactive Enterprise will gain access to greater market reach, extended product development resources and additional means for ensuring its current high level of customersatisfaction and product quality.
Acquisition Adds Another Powerful Tool to Ariston’s Global Solution Set
“This is an extremely well-suited acquisition for Ariston Global,” said Steve Dubnik, of Ariston Global. “Interactive Enterprise brings into our solutions portfolio a highly flexible and advanced approach that currently allows cable and satellite operators to quickly deploy voice, video, data and other services to their subscribers. It perfectly advances our vision to build a progressive organization that provides a comprehensive suite of advanced enabling tools, services and solutions to communications service providers worldwide.”
As a European headquartered business with offices in the Asia Pacific region, Interactive Enterprise provides Ariston Global with a much-desired stronghold from which to build its growing worldwide services.
“Our goal is to deliver a comprehensive and complementary solution suite to communication service providers throughout the world,” added Kevin Dickens, of Ariston Global. “Interactive Enterprise will be a critical component within that set.”
“We’re delighted to be part of the Ariston Global portfolio,” noted Paul McBride,
CEO of Interactive Enterprise. “Our consistent growth, both in new customers and our selection of solutions, has taken us to the very threshold of market leadership. Now, as part of the Ariston Global group of solution providers, we will continue our expansion within the activation and provisioning space. Broadband service providers throughout the globe can continue to count on our solutions for achieving profitable growth through advanced activation and delivery of multi-play traditional and IP services.”
About Interactive Enterprise
Founded in 1998, The Interactive Enterprise Ltd. develops and markets broadband service management solutions to operators throughout North America, Latin America, EMEA and Asia. Through its modular and flexible service activation and management solution, Conexon, Interactive Enterprise enables operators to rapidly deploy voice, video, data and wireless (quad-play) services to their subscribers across multiple broadband platforms.
A suite of integrated management modules provides operators with the ability to enhance the customer broadband experience by delivering feature-rich applications that enable self-provisioning/self-care, pre-paid services, content management and guaranteed quality of service. With headquarters in Dublin, Ireland, the company delivers an integrated end-to-end broadband solution working with a host of industry partners including Motorola and Comverse. More information on Interactive Enterprise and Conexon can be found at www.interactive-enterprise.com.
About Ariston Global, L.L.C.
Ariston Global’s vision is to create an innovative organization through combinations of acquisition, merger and organic growth that will provide enabling tools, services and solutions to the communications industry worldwide.
Through thoughtful integration, collaboration and partnering, the Ariston Global group of companies realizes the benefits of an association with a larger, diverse and expanding organization – but without compromising each company’s heritage of individual focus and passionate customer orientation.
In addition to Interactive Enterprise, other companies within the Ariston Global group include TeleSciences and its 10e Solutions business analytics practice (www.telesciences.com) and The Strata Group (www.stratagroup.com).
Ariston Global is a portfolio company within the private equity firm Spire Capital Partners, LLC. and is based in Rochester, NY.
About Spire Capital Partners L.P.
Spire Capital Partners, L.P. is a private equity firm founded in 2000 with more than $550 million of capital under management. Spire partners with exceptional management teams to invest in middle market buyouts, recapitalizations, industry consolidations and growth equity investments in the media, communications, information services and business services industries. The firm is headquartered in New York.