Network Move

July 15, 2009 (LBO) – Aepona, a global provider of telecoms software products and services headquartered in Belfast, Northern Ireland, said it has bought Valista, and will expand operations in Sri Lanka.

It enables mobile and broadband operators to treat their network and informational assets as marketable resources that can be made available to third party application developers, service providers and businesses.

“These organizations can then enhance their applications, services and business processes with telco capabilities such as voice, location, messaging, profile, billing and so on,” the statement said. Valista is a Dublin, Ireland-based provider of payment, settlement and service lifecycle management solutions to mobile and broadband operators world wide, that set up a unit in the island in August 2005.

“This is a great opportunity for our Sri Lankan operations as the growth of Aepona in Sri Lanka is now inevitable,” said Aruna Dissanayake, Director of Engineering – Services of Aepona.

“We are already in the process of expanding our engineering team to better facilitate this growth.”

By last year Valista’s Sri Lanka unit had become the largest research and development centr