M&A Deal Summary |
|
---|---|
Date | 2012-08-08 |
Target | Symphony Teleca - Telecommunications Expense Management Business |
Sector | Communications |
Buyer(s) | Tangoe |
Sellers(s) | Symphony Teleca |
Deal Type | Divestiture |
Deal Value | 41M USD |
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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 | 7 of 10 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 3 of 4 |
Country (United States) | 5 of 8 |
Year (2012) | 3 of 3 |
Size (of disclosed) | 1 of 2 |
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 | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-05-07 |
IBM - Rivermine TEM Business
United States IBM's Rivermine TEM business includes comprehensive fixed and mobile telecom expense management software and related services, as well as a global blue chip customer base. The business fits particularly well within the core of Tangoe's broader Matrix solution suite, which helps clients turn on, track, manage, secure, and support their IT assets, expense, and usage including mobile, fixed, machine-to-machine, cloud software and services, enterprise social, and IT. |
Buy | - |
Category | Company |
---|---|
Founded | 2002 |
Sector | Internet Software and Services |
Employees | 8,000 |
Revenue | 370M USD (2014) |
Symphony Teleca Corp. is a software services company. Symphony Teleca provides software engineering and integration services that help businesses rapidly design and develop products and technologies at the convergence of device, sensors, cloud and data.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2012) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-02-09 |
Symphony Services
Palo Alto, California, United States Symphony Services helps clients achieve higher innovation yields, compress time to market and improve productivity to increase the value from their R&D investments. From strategic and operational consulting guidance to complete product lifecycle capabilities, our singular focus on product development means we are engineered for your success. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-04-10 |
Aditi Technologies
Seattle, Washington, United States Aditi will serve as a strategic growth lever for STC through its design and cloud expertise, complementing its engineering, mobile and analytics capabilities, STC said in a statement. |
Buy | $74M |