Rory Buckley, CEO of Acision, will be leaving the company with immediate effect, and will replaced by the company’s COO Jorgen Nilsson.
Acision’s Chairman Larry Quinn said little about Buckley in an official statement, beyond stating that now “was an opportune time to transition Acision’s leadership.”
Buckley joined Acision from Ericsson in October 2007, a few months after the company was formed following the purchase of LogicaCMG’s Telecoms Products division for US $525m by a consortium led by Atlantic Bridge and Access Industries.
At that point Acision was a leader in legacy SMSC messaging platforms, but over the past four years company has made the move into data control and charging solutions, as a wider role in value added services, as well as retaining its core messaging business.
The company has also reshuffled its leadership pack recently. In February CMO Chris Jenkins was moved to head up its Asian division, and the company brought in CFO Karen Griffiths from Coca Cola around the same time. The company also recruited Rick Harris from Verisign to act as senior vice president and general manager, North America.
The company also raised $100 million in funding in October 2010 from its original investors, stating at the time that the money would be used to fund acquisitions, partnerships, and capital expenditure agreements.
Although privately held, the company has long stated its long term intention to go public.