Enea AB publ is a global software company that specializes in providing scalable NFV (Network Function Virtualization) platforms and solutions to mobile operators. With its acquisition of Openwave Mobility, Enea has solidified its position as a leader in traffic management for the rapidly growing mobile video traffic sector. The company's core software business is highly profitable, generating strong cash flows, and Enea aims to further enhance its operating margins to align with its overall profitability target by the end of 2018.
The acquisition of Openwave Mobility, headquartered in California, is expected to be completed in April 2018, pending regulatory approvals. Enea's strategic move demonstrates its commitment to expanding its offerings and strengthening its position in the market, with the aim of delivering enhanced value to its customers and shareholders.
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