M&A Deal Summary |
|
|---|---|
| Date | 2014-12-04 |
| Target | Volt Delta International |
| Sector | Internet Software and Services |
| Buyer(s) | NewNet |
| Sellers(s) | Volt |
| Deal Type | Divestiture |
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NewNet is a provider of telecom infrastructure solutions, with products ranging from software protocols and messaging applications to systems supporting Secure Financial Transaction Processing. NewNet software protocol, messaging and mobile data solutions address the needs of wireless, IP, and wireline networks. NewNet’s scalable signaling platforms enable rapid development and deployment of a wide spectrum of carrier-grade, revenue generating and compliance applications. NewNet was originally established in 1989 and is based in Lombard, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2014 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-10 |
NewNet Communication Technologies Canada
Halifax, Nova Scotia, Canada NewNet Communication Technologies Canada develops mobile and wireline telecom software solutions for global carriers. The Company's services include professional services to telcos and development of RCS Messaging software solutions. NewNet Communication Technologies Canada is based in Halifax, Nova Scotia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-16 |
NewNet Communication Technologies Canada
Halifax, Nova Scotia, Canada NewNet Communication Technologies Canada develops mobile and wireline telecom software solutions for global carriers. The Company's services include professional services to telcos and development of RCS Messaging software solutions. NewNet Communication Technologies Canada is based in Halifax, Nova Scotia. |
Sell | $19M |
Volt is a global provider of staffing services (traditional time and materials-based as well as project-based). The company's staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services, and managed staffing services programs supporting primarily administrative, technical, information technology, light-industrial, and engineering positions. Its managed staffing programs involve managing the procurement and on-boarding of contingent workers from multiple providers. Volt services global industries including aerospace, automotive, banking, and finance, consumer electronics, information technology, insurance, life sciences, manufacturing, media and entertainment, pharmaceutical, software, telecommunications, transportation, and utilities. Volt was founded in 1950 and is based in Orange, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2014 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-08 |
ProcureStaff Technologies
New York, New York, United States ProcureStaff Technologies, Ltd. provides a vendor management system that allows business enterprises to manage various categories of services spend. |
Sell | - |
