Elisa Polystar Acquires Frinx to Broaden Its Network Automation Portfolio
Elisa Polystar has acquired FRINX s.r.o, a Slovak telecom network automation software supplier. FRINX products and software will complement Elisa Polystar’s zero-touch automation and analytics offering, which helps communications service providers (CSPs) automate their network management processes in a multivendor telecom network environment. The acquisition is consistent with Elisa’s strategy to grow digital services internationally and accelerate development of its telecom software business under Elisa Polystar. With this transaction, Elisa Polystar is taking another step on its strategic journey to make self-driving networks happen.
FRINX is a privately owned software provider founded in Bratislava, Slovakia, in 2016. FRINX helps CSPs automate their network configuration management. Its products – proven by installations among leading CSP customers – are cloud-native, microservices-based and network vendor-independent. Today, the company has around 40 experts working in its projects. Following the acquisition, development of their product offering will continue as part of Elisa Polystar’s automation business.
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Elisa Polystar is a world-leading network automation and analytics solutions provider, serving over 120 CSPs globally. With its background as an international business of Finland’s largest CSP, Elisa Polystar’s solutions are proven and tested in live networks.
Network automation is a must for CSPs in order to cope with the massive rise in the amounts of data, adoption of new technologies and the overall increased complexity of telecommunication networks. It is about both reducing costs and enhancing the customer experience at the same time. As a result of this acquisition, the combined portfolio will be a good match for existing customer demand. Furthermore, the combined resources will allow Elisa Polystar to provide an accelerated path for their customers in the future.
Gerhard Wieser, CEO and co-founder of FRINX: “We are excited about the possibilities for us and our customers that arise from joining Elisa Polystar. Elisa Polystar is a true pioneer in network automation and operates globally. By joining them, we get access to a global sales channel as well as increased machine learning capabilities and resources. For our own people, it means a chance to join an extended global network of software professionals with more opportunities for personal growth and broader career opportunities.”
Kirsi Valtari, EVP for Automation at Elisa Polystar: “I am happy to welcome the very skilled FRINX experts to join our Automation team. FRINX products and software are a fantastic complement to our own suite of automation solutions, and we’re excited about the possibilities for collaboration going forward. Together, we will be able to create new and even better ways to enhance the operations of customers of both Elisa Polystar and FRINX.”
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