Counterpath acquires Bridgeport Networks

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Counterpath acquires Bridgeport Networks

Bridgeport Networks has always held a lot of promise with their Fixed Mobile Convergence (FMC) offerings. They never seemed to gain a lot of traction in the market, but perhaps that's because they were a few years ahead of the market. I believe that now the time for FMC has come and it looks like Counterpath, provider of the popular X-Lite SIP softphone, acquisition of Bridgeport Networks could be a nice addition to their VoIP portfolio. Counterpath obviously sees the mobile phone space as a huge opportunity for their VoIP products. This will be an interesting acquisition to watch.

Full release after the jump... CounterPath Corporation (OTCBB: COPA), a leading provider of desktop and mobile VoIP software products and solutions, today announced that it has acquired BridgePort Networks, Inc., a leading innovator in Fixed Mobile Convergence (FMC)  solutions for service providers. The addition of carrier-class FMC  solutions to its VoIP softphone and enterprise offerings immediately  broadens the company's market reach. Fixed and mobile service providers  gain a competitive advantage by offering CounterPath's integrated voice,  video, messaging and presence-based services for consumers and enterprises on virtually any mobile and SIP-enabled device. The acquisition firmly  establishes CounterPath as a provider of innovative FMC solutions and an  early leader in the growing mobile VoIP solution space.

    "We are rapidly executing on the new strategy and vision that started  with our acquisition of NewHeights Software, that is, to transform  CounterPath from a leading desktop softphone company to an innovative 'one  stop shop' VoIP solutions company," said Greg Pelling, Chief Executive  Officer of CounterPath. "Our acquisition of BridgePort Networks builds on  the value of our most recent acquisition of FirstHand Technologies, a  leader in Enterprise FMC. By adding BridgePort's unique carrier-class FMC  offerings, we now become the industry innovation leader for service  providers, enterprises, small and medium businesses and consumers as the  only company offering a tailored platform that seamlessly bridges voice,  text messaging, multimedia, video and presence-based applications between  virtually any networks - fixed or mobile. Our management team's unique  approach to successfully identify, acquire and integrate companies allows  us to rapidly execute on CounterPath's strategy and increase shareholder  value while establishing ourselves as a trusted innovator to our growing  list of strategic clients."

    BridgePort Networks is a leader in providing mobile convergence  enabling IP Multimedia Subsystem (IMS) and pre-IMS applications for a  variety of service providers. The company's Session Initiation Protocol  (SIP) open standards-based approach creates a seamless union between mobile  and broadband networks, allowing users to benefit from numerous advantages  such as single number identity regardless of the network they use.  BridgePort's innovative products include the MobileSTICK(TM) solution which  transforms personal computers into voice, SMS, Multimedia Messaging  Services (MMS) and video terminals for integrated broadband and mobile  carrier services, leveraging standards-based VoIP and SIP technology. The  company's products, which also include the NomadicONE(TM) Network  Convergence Gateway (NCG) and NomadicONE IMS Convergence Server (ICS), are  backed by eighteen patents either pending or granted. Since 2002, over $50  million has been invested in the development and initial marketing of  BridgePort's intellectual property assets.

      Highlights of Benefits for CounterPath

    -   Immediately enables CounterPath to offer proven voice, text messaging, multimedia and presence-based applications between broadband and mobile networks.  
    -   Positions CounterPath as a solutions-based company combining its proprietary softphone technologies with its core-server technologies.
    -   Expands CounterPath's pre-IMS and IMS product portfolio to include mobile products and solutions which have been successfully deployed and are integrated with the company's existing products.  
    -   Broadens CounterPath's patent portfolio with eighteen additional patents pending or granted.
    -   Adds engineering personnel with skill sets in SS7, IMS, SIP and networking who will continue to focus on building FMC solutions for service providers.

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