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MOBILE & TELECOMMUNICATIONS | Telecom Services / Wireless
forkstream.com

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Stage

Acquired | Acquired

About Forkstream

Forkstream provides standards compliant 3G/4G to WiFi data onload/offload. The company's platform provides seamless integration and switching between cellular and WiFi networks to maximise the customers quality of experience and reduce network load.In June 2013, Forkstream was acquired by Openet. The valuation of Forkstream was undisclosed. Other terms of the deal were not released.

Forkstream Headquarter Location

Dublin,

Ireland

+353 86 7963130

Latest Forkstream News

Openet Aquires UCD Spin-Out Company Forkstream

Jun 18, 2013

Openet Acquires UCD Spin-Out Company Forkstream - Access network and discovery technology enables cross-network policies Openet , a global leader of real-time transaction management software and services, today announced the acquisition of Dublin-based Forkstream. A spin-out company from University College Dublin, and supported by Enterprise Ireland, Forkstream’s technology enables operators to define policies for routing mobile data streams within and between different access networks while ensuring a seamless user experience. Forkstream’s client side technology interacts with the network core via Openet Interaction Gateway, enabling operators to manage network access policies using their Policy Controls Rules Function (PCRF). The technology is fully compliant with 3GPP Access Network Discovery and Selection Function (ANDSF) standards that enable consumer devices to discover and communicate with non-3GPP networks such as WiFi or WiMAX. “Integrating Forkstream into the Openet PCC ecosystem enables our customers to overcome many challenges related to seamlessly integrating multiple access networks with cellular services,” said Openet CTO Joe Hogan. “They developed an elegant solution to ensure cross-network session continuity and flow management, which is key to a quality user experience.” Forkstream technologies extend the functionality defined within the 3GPP standards to include dynamic network selection as well as analytics and monitoring. Founded by Dr John Fitzpatrick and Dr Hamid Nafaa as a spin-out company from UCD’s School of Computer Science and Informatics, ForkStream was an award winner on the NovaUCD 2011 Campus Company Development Programme. This acquisition was facilitated by UCD’s technology transfer team based at NovaUCD. Dr John Fitzpatrick, co-founder, Forkstream‌ “We are thrilled to join the world’s leading PCC vendor at a time when Operators are investing heavily in multi-access networks and cross-network services,” said Forkstream co-founder John Fitzpatrick. “Supporting network access decisions within the policy and charging infrastructure makes it easy for operators to deliver more to their customers.” By interacting with the PCC infrastructure through Openet Interaction Gateway, Forkstream technology enables a mobile device to direct data flows across multiple networks simultaneously depending on defined PCRF policies. This provides granular control of traffic offload policies and enables new business models that include service options specific to an access network. ENDS 18 June 2013 For further information contact Micéal Whelan, University College Dublin, Communications Manager (Innovation), e: miceal.whelan@ucd.ie , t: + 353 1 716 3712; Barry Marron, Openet, t: +353 1 6020 4662, e: barry.marron@openet.com ; or Jena Rossi, SHIFT Communications, + 1 617 779 1878, e: openet@shiftcomm.com . Editor’s Notes Since the introduction of mobile data services in 1998, Openet has helped service providers capitalize on opportunities and overcome challenges. With competitive pressure accelerating, today's service providers rely on Openet software to evolve business models around networking smartphones, M2M devices and third party services. Openet’s portfolio combines policy and charging control with device and third party interaction to enable innovative charging models, to control operating cost and to personalize services. More than 80 of the world’s largest service providers in 28 countries use Openet’s high performance software. www.openet.com At NovaUCD, the hub for new ventures and entrepreneurs at University College Dublin, we nurture and support new high-tech and knowledge-intensive companies as part of UCD’s innovation mission. UCD’s technology transfer team, which is part of the Office of Vice-President for Innovation, is based at NovaUCD. NovaUCD has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, UCD and Xilinx. www.ucd.ie/innovation  

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