Core Viewpoint - The strategic transaction between Optiva and Qvantel aims to create a leading global business support system (BSS) provider, enhancing capabilities for communication service providers (CSPs) to drive growth and innovation in the AI era [1][4]. Company Overview - Optiva is recognized for its cloud-native charging and AI-powered BSS solutions, while Qvantel is a leader in digital BSS, together they will offer a comprehensive suite of AI-enabled products [1][3][25][22]. - The combined entity will serve over 70 CSPs across more than 40 countries, leveraging the expertise of over 1,000 professionals [8]. Transaction Details - Qvantel will acquire all issued and outstanding common shares of Optiva, along with US$108.6 million in senior secured PIK toggle notes, through a combination of cash, new notes, shares, and warrants [6][10]. - Shareholders of Optiva will receive $0.25 per share, while noteholders will receive Qvantel shares and additional financial instruments [9][10]. Integration and Future Outlook - The merger is expected to enhance service delivery through a unified global team and a shared corporate culture focused on trust and collaboration [5][4]. - The transaction is anticipated to close in December 2025, with Optiva shares expected to be delisted from the TSX post-transaction [18]. Board Recommendations and Support - The Optiva Board, supported by a special committee, unanimously recommends the transaction, considering it fair and in the best interests of shareholders [12]. - Significant shareholders, representing approximately 67% of Optiva shares, have entered into voting support agreements to favor the transaction [13][15].