Optiva

Last updated
Optiva Inc.
Company type Public
TSX:  OPT
IndustryTelecommunications
Headquarters,
Area served
Worldwide
Key people
Robert Stabile (CEO)
Michele Campriani (CRO)
Matthew Halligan (CTO)
ProductsBSS, Charging, Partner Monetization available on private and public clouds
Revenue$100m (2019)
$3m (2019)
OwnerQvantel
Number of employees
>500
Website www.optiva.com

Optiva Inc. (formerly Redknee Solutions, Inc. [1] ) is a Canadian telecommunications company that provides business support systems through cloud computing.

Contents

History

Optiva was founded in 1999 as Redknee Solutions by Lucas Skoczkowski and four other founders. [2] After expanding into Europe the following year [3] and opening R&D facilities in India in 2004, [4] It was later listed on the London AIM Index in 2007 [5] and on the Toronto Stock Exchange in 2008. [6]

After taking control of the company in 2017, ESW Capital removed Skoczkowski as CEO, replacing him with Danielle Royston. [7] [8] In 2020, two years after being rebranded as Optiva, [9] it made the decision to redeem its preferred shares, [10] causing ESW to lose control and leading to Royston's resignation as CEO.

In August 2020, at the annual and special meeting, the shareholders approved to ratify the adoption of the company's shareholder rights plan and to approve the unallocated options available under the company's stock option plan. [11] In December, John Giere was named president and CEO of Optiva. [12]

In May 2024, Robert Stabile became Chairman and CEO of Optiva after serving as Chairman of its Board for seven years. On December 31, 2025, Qvantel completed the purchase of the firm. [13]

Acquisitions

Optiva grew substantially by acquisition.

Products

Optiva provides cloud native BSS, Charging and Partner Monetization software and services to the telecommunications industry. These include rating and charging, converged billing, customer experience management, interconnect billing and customer care. Its products address wireless, fixed line, satellite, WiMAX, MVNO, MVNE and broadband providers across the Americas, Europe, Asia Pacific, the Middle East and Africa.

References

  1. "Redknee Unveils New Brand, Advancing its Global Strategic Plan". Archived from the original on 2018-12-05. Retrieved 2018-12-05.
  2. http://www.financialpost.com/small-business/business-solutions/story.html?id=2653342%5B%5D Patience Pays Off
  3. "Trang Chủ". TDTV Tin Tức Mua Bán Bất Động Sản- Nhà Đất (in Vietnamese). Retrieved 2024-03-22.
  4. "Redknee Solutions Inc.: Planning for Success". strategis.ic.gc.ca. Archived from the original on 2012-05-18. Retrieved 2026-01-05.
  5. https://www.theglobeandmail.com/archives/canadian-tech-firm-goes-public----in-uk/article746327/ Canadian Tech Firm Goes Public -- in U.K.
  6. http://www.newswire.ca/en/releases/archive/October2008/21/c7885.html Redknee Common Shares Approved for Trading on Toronto Stock Exchange
  7. "Redknee Enters into Subscription Agreement with ESW Capital, LLC". Redknee Press Release. Retrieved 30 November 2016.[ permanent dead link ]
  8. "Redknee Solutions Inc. Announces Changes to Board of Directors and Executive Leadership". Redknee Press Release. Archived from the original on 11 September 2018. Retrieved 30 November 2016.
  9. "Redknee Solutions Announces Name Change to Optiva™ and Advances Strategic Plan". www.newswire.ca. Retrieved 2018-10-12.
  10. "Optiva Completes Redemption of Preferred Shares, Closes US$90 Million Debenture Financing and Refreshes Board with New Independent Directors". Optiva.[ permanent dead link ]
  11. "Optiva Inc. Announces Results of Annual and Special Meeting" (PDF). Archived from the original (PDF) on 2020-09-24.
  12. "Telecom vet John Giere to lead Optiva as president and CEO".
  13. "Qvantel Completes Acquisition of Optiva, Creating a Global Leader in AI-Powered Telecom Monetization and Digital Operations". GlobeNewswire. Retrieved 2026-01-08.
  14. http://www.lightreading.com/document.asp?doc_id=150073 Redknee Buys Argent's InBill
  15. "Redknee Closes Nimbus Buy". Light Reading. Retrieved 25 May 2015.
  16. "Redknee to Pay $52M for NSN's BSS Unit". Light Reading. Retrieved 25 May 2015.
  17. "Redknee to Acquire Orga Systems". Redknee Press Release. Retrieved 23 June 2015.