M&A Deal Summary

NE Technologies Acquires DSET

On November 8, 2002, NE Technologies acquired software company DSET

Acquisition Highlights
  • This is NE Technologies’ 1st transaction in the Software sector.
  • This is NE Technologies’ 1st transaction in the United States.
  • This is NE Technologies’ 1st transaction in Georgia.
Investment Fate
  • DSET was sold to a strategic buyer in 2014.

M&A Deal Summary

Date 2002-11-08
Target DSET
Sector Software
Buyer(s) NE Technologies
Deal Type Add-on Acquisition

Target

DSET

Norcross, Georgia, United States
DSET Corp. is a provider of software development tools for the telecommunications industry. DSET products are used by telecommunications carriers and equipment vendors to automate and support complex network management functions.

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Buyer(S) 1

Buyer

NE Technologies

Norcross, Georgia, United States

Category Company
Founded 1995
Sector Communications
DESCRIPTION

NE Technologies leads the telecom industry as a superior provider of software solutions required in the operation of service provider networks.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2002 M&A 1 of 1