M&A Deal Summary

One Source Networks Acquires Shango

On June 9, 2014, One Source Networks acquired internet software and services company Shango

Acquisition Highlights
  • This is One Source Networks’ 1st transaction in the Internet Software and Services sector.
  • This is One Source Networks’ 1st transaction in the United States.
  • This is One Source Networks’ 1st transaction in Texas.

M&A Deal Summary

Date 2014-06-09
Target Shango
Sector Internet Software and Services
Buyer(s) One Source Networks
Deal Type Add-on Acquisition

Target

Shango

Austin, Texas, United States
Shango is a provider of integration-as-a-service platform for telecommunications operators and carriers.

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Buyer(S) 1

Buyer

One Source Networks

San Antonio, Texas, United States

Category Company
Founded 2006
Sector Communications
DESCRIPTION

One Source Networks, Inc. is a provider of global data, Internet, Session Initiation Protocol (SIP) trunking and managed communication services to Fortune 1000 companies.


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: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1