TMCnet’s Greg Galitzine announced the rumor
on October 19th that NexTone and Reef Point were to merge. Today the news becomes real as the companies are combining to create NextPoint. Here are some quick facts and quotes according to the companies:
- Combined Companies to Deliver First Integrated Border Gateway, in Addition to Full Suite of Products Under the new NextPoint Name
- Woody Ritchey Named CEO; David Walsh Named Chairman
- JP Morgan Chase’s One Equity Partners Leads $20 Million Investment Round To Address Accelerating Market Demand
“The integration of session border controllers for both fixed and mobile networks with a security gateway enabled by the merger of Reef Point and NexTone will create a powerful product family for next generation networks,” said Malcolm Wardlaw, Director, Converged Services, Intelligence and Applications, BT. “The IBG has the potential to simplify network design as well as reduce the total cost of ownership in a converged world, supporting the needs of our customers in an all-IP world.”
“The increasing demand for secured IP-based mobility services in a multi-access environment is creating a need for a new category of equipment called the multi-access convergence gateways that provides intelligent interaction with subscribers, services, and transport mechanisms,” said Stéphane Téral, Principal Analyst, Service Provider VoIP, IMS & FMC, Infonetics Research.