M&A Deal Summary

Tangoe Acquires Anomalous Networks

On January 10, 2012, Tangoe acquired software company Anomalous Networks

Acquisition Highlights
  • This is Tangoe’s 1st transaction in the Software sector.
  • This is Tangoe’s 1st transaction in Canada.
  • This is Tangoe’s 1st transaction in Quebec.

M&A Deal Summary

Date 2012-01-10
Target Anomalous Networks
Sector Software
Buyer(s) Tangoe
Deal Type Add-on Acquisition

Target

Anomalous Networks

Montreal, Quebec, Canada
Anomalous Networks is a provider of Real-Time Telecom Expense Management (rTEM) software solutions.

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Buyer(S) 1

Buyer

Tangoe

Indianapolis, Indiana, United States

Category Company
Founded 2000
Sector Software
Employees2,339
Revenue 212M USD (2014)
DESCRIPTION

Tangoe is a provider of IT and Telecom Expense Management (TEM) software and related services to a wide range of global enterprises and service providers. Tangoe helps companies transform the management of IT assets, services, expenses, and usage to create business value, increase efficiency, and deliver a positive impact to the bottom line. Tangoe was founded in 2000 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 5 of 10
Sector (Software) 1 of 3
Type (Add-on Acquisition) 3 of 5
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2012) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-19 ProfitLine

San Diego, California, United States

ProfitLine is a provider of telecom expense and mobility management services. ProfitLine addresses the growing challenges that global enterprises face in the day—to-day management of fixed and mobile telecom expenses, mobile devices, communications services, and carrier relationships.

Buy $24M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-21 ttMobiles

Oxford, United Kingdom

ttMobiles, Limited is a provider of mobile communications management solutions and services based in the United Kingdom.

Buy -