Aptilo Networks to Acquire Service Factory; Announces Investment by Norvestor
STOCKHOLM – January 4, 2011 – Aptilo Networks, the global leader in pre-integrated solutions for control of billing, user services and access in wireless networks including Wi-Fi, WiMAX™ and LTE, announced today the company has signed an agreement to acquire Service Factory, a division of Birdstep Technology listed on Oslo Stock Exchange under the ticker BIRD.
The company also announced that Norvestor V L.P., a leading private equity company, has invested in Aptilo Networks, acquiring the shares of previous financial investors and becoming the majority shareholder.
With the acquisition of Service Factory, Aptilo Networks strengthens its leading position in the field of
wireless service management and policy control with the addition of large service provider customers like TeliaSonera, 3 Scandinavia, DU, Eircom and TDC.
“Already a profitable company, Aptilo represents a solid platform for further expansion within the more







