Open-Xchange appoints Michael Knapstein as Chief Financial Officer

Nuremberg, Germany, July 3, 2017 – Open-Xchange, creator of open source messaging, collaboration and office productivity software, announces the appointment of Michael Knapstein to the position of Chief Financial Officer. Michael will be responsible for finance, HR, legal and corporate services for the Open-Xchange group.

michael_knapstein_2Michael brings with him over 20 years of proven experience, at a senior management or board level, working for technology-driven services businesses across Europe, Asia and the Middle East. Prior to joining Open-Xchange, Michael held various CFO positions in multinational telco groups at Ooredoo, T-Mobile and T-Systems as well as digital media business advisor. He excels in providing organisations with the capabilities needed to accelerate business growth through M&A transactions at an international level.

“Open-Xchange’s unique proposition, exciting products with a strong international footprint, and its long-term growth ambitions were key considerations for me joining the team” said Mr Knapstein. “It is an exciting time to join OX as the company expands its products and services offering, and enters into new markets such as online advertising and end user security.”

Open-Xchange is the world’s leading provider of open source software and services for hosting, service provider and telecommunications companies. It has partnered with some of the largest service providers in the world to deliver email, messaging and collaboration solutions that include secure storage, file and document management. As well as best-in-class IMAP and DNS management, supporting over two billion email accounts and over 220 million OX App Suite users.

Founded in 2005, Open-Xchange is a privately held company with more than 250 employees. It has achieved annual revenue growth of over 40 per cent in the past three years. Open-Xchange is headquartered in Nuremberg, Germany with offices in North America, Europe, Japan and Australia.

“Michael is an ideal candidate for Open-Xchange to pursue strong growth in the years to come. He brings a wealth of experience, as well as the right level of knowledge of the telecommunications industry” said Rafael Laguna, CEO, Open-Xchange. “In 2017, we plan to continue elevating, becoming a comprehensive software and solution provider for ISPs and telcos. At the same time we’re securing the right financial means to continue healthy growth in the future.”

Michael Knapstein follows Uwe Reumuth, who decided not to extend his contract due to personal reasons.

 

About Open-Xchange

Open-Xchange leads the fight to keep the digital landscape open, secure and transparent for all. Ruthlessly committed to an open internet and software ecosystem, OX opens opportunities for the world’s leading service providers and telecommunications without compromising the privacy or safety of users.

Since 2005, Open-Xchange has partnered with some of the largest providers in the world to deliver email, messaging and collaboration solutions that include secure storage, file and document management, and best-in-class IMAP and DNS management.

Offering this full stack of open source technology OX helps global IT businesses deliver innovative and high quality customer experiences. Learn more about the benefits of working with OX: http://www.open-xchange.com