Oberthur Technologies, a provider in digital security solutions for the mobility space announced that it has completed its acquisition of Prodo Telecom. Prodo Telecom is one of the few companies specializing exclusively in Over-The-Air (OTA) platforms that allow mobile operators to update SIM and embedded cards during their life cycle relying on short messages and data connections, minimizing card replacement costs, optimizing their roaming services and providing new value-added services to their customers. Present worldwide, a large proportion of Prodo Telecom’s client base is made up of established mobile network operators (MNO) ranging from small-sized to tier-1 groups.
Oberthur Technologies is anticipating a growing demand in OTA platforms due to the explosion of the Internet of Things and the large number of 4G migrations MNOs will have to conduct within the next few years. Oberthur Technologies said that with already more than 50 Prodo’s references worldwide, this acquisition will increase even further its position in the OTA market and allow the compay to meet customers’ expectations for robust, easy to deploy and to maintain solutions.
Marek Juda, Managing Director, Solutions Business Unit, OT
The environment of our customers is changing constantly, driven by major trends in the Telecom market. Through Prodo Telecom’s acquisition, OT is pursuing its strategy of acquiring companies completing our portfolio of end-to-end solutions and enhancing our global footprint. OT’s ambition is to strongly support mobile operators in their strategy by proposing the best products and solutions meeting their future needs.