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  6. NetPlus Acquires Amtel

M&A Deal Summary

NetPlus Acquires Amtel

On April 11, 2016, NetPlus acquired internet software and services company Amtel

Acquisition Highlights
  • This is NetPlus’ 1st transaction in the Internet Software and Services sector.
  • This is NetPlus’ 1st transaction in the United States.
  • This is NetPlus’ 1st transaction in California.

M&A Deal Summary
Date 2016-04-11
Target Amtel
Sector Internet Software and Services
Buyer(s) NetPlus
Deal Type Add-on Acquisition

Target

Amtel

Santa Clara, California, United States
Amtel, Inc. is a software provider of an integrated SaaS solution for enterprise mobility and expense management. The Amtel software suite integrates mobile device management (MDM), mobile app management (MAM) and mobile expense management (MEM) to allow enterprises to: manage corporate-owned and BYOD devices, secure sensitive corporate data through containerization, remote wipe lost or stolen devices, disable/enable device functions based on geo-fenced location, manage an enterprise-owned app store, blacklist/whitelist apps and manage mobile costs through enforced mobile policies, dispute tracking/resolution and invoice audit and validation.

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Buyer(S) 1

Buyer

NetPlus

Gaithersburg, Maryland, United States
Category Company
Founded 2011
Sector Communications
DESCRIPTION

NetPlus is a telecom infrastructure management solutions provider for both commercial and government entities. NetPlus solutions provide customers the ability to manage cross platform telecom infrastructure including UC, VoIP and legacy technologies, while controlling costs through telecom expense management (TEM) functions. NetPlus was founded in 2011 and is based in Gaithersburg, Maryland.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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