Enterprise messaging company Mirapoint and Critical Path, provider of messaging software and services, have entered into a definitive agreement to merge. Combined, both companies’ strategies of delivering messaging, security and archiving solutions to corporations and service providers around the world are advanced, is the message Mirapoint and Critical Path are conveying.
Under the terms of the merger agreement, the combined company will operate under the name Critical Path with primary operations in Sunnyvale, California and Dublin, Ireland. Mark Palomba will serve as Critical Path CEO with Jeff Witous serving as a strategic advisor to the company.
Financial terms were not disclosed.
Founded in 1997, Mirapoint Software offers appliance-based solutions for secure message networks in enterprise, service provider, and education organizations. The company claims to serve more than 120 million mailboxes worldwide.
Critical Path was also founded in 1997 and provides integrated solutions to the service providers and enterprises worldwide. On April 29th, 2008, Critical Path became a private company, backed by its main shareholders, General Atlantic Partners and Cheung Kong Group.
The merger transaction is expected to be completed within 30 days.