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| XipLink Acquires Trispen Technologies “@TheOffice” Business Unit |
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 Pretoria based Trispen Technologies announced today that the company is selling it’s “@TheOffice” business unit to Montreal based XipLink Inc. The agreement covers transfer of intellectual property and the transfer of Trispen personnel into the newly formed South African branch, XipLink (Pty) Limited. All material terms in the transaction have been agreed while the acquisition awaits South African Regulatory Approval.“This agreement with Trispen Technologies provides significant additional value for our customers running XipLink Wireless Optimization software” said Jack Waters, CEO of XipLink, Inc. “With this combination, XipLink will be able to broaden our solutions to include VPN optimization over satellite while also providing more deployment options in devices such as wireless optimization appliances, embedded systems and end-user client packages”. The XipLink South Africa team includes core developers, technical support, sales, marketing, administration and senior management. The agreement also establishes South Africa as the support center for Europe, Middle East, Africa and Asia, thus allowing for worldwide time coverage by augmenting the existing support centers in Montreal and Reston, Virginia. Jaco Botha, Managing Director at Trispen, who will now also become CTO of XipLink, Inc. stated “This agreement is a great endorsement of South African Niche Software development capabilities. We are extremely excited about joining forces with XipLink and broadening our horizons to the international arena, it is however important to note that our commitment to local customers and our IP-Granite products remain unchanged”. Charlie Younghusband, Founder and SVP of Product Management at XipLink stated “I am very excited about this combination: it allows us to incorporate strong capabilities in robust security and business connectivity without distracting from our core focus on wireless link optimization. The South African team’s expertise in both standard-based IPSec as well as enhanced, more flexible security solutions is well aligned with our approach to using standards as much as possible without compromising performance. Our platforms are remarkably similar so we expect the integration process to be nearly immediate. The team also brings experience with PC software so we can broaden the availability of XipLink in the near future. In all, the combination is adding both significant feature depth to our product and width in terms of deployment availability.” |
