M&A Deal Summary

Zettics Acquires Velocent Systems

On April 29, 2014, Zettics acquired information technology company Velocent Systems

Acquisition Highlights
  • This is Zettics’ 1st transaction in the Information Technology sector.
  • This is Zettics’ 1st transaction in the United States.
  • This is Zettics’ 1st transaction in Illinois.

M&A Deal Summary

Date 2014-04-29
Target Velocent Systems
Sector Information Technology
Buyer(s) Zettics
Deal Type Add-on Acquisition
Advisor(s) AGC Partners (Financial)

Target

Velocent Systems

Naperville, Illinois, United States
Velocent, is a provider in delivering next generation Customer Experience Assurance (“CEA”) solutions for Mobile Data and Voice over LTE (VoLTE) networks

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Buyer(S) 1

Buyer

Zettics

Seattle, Washington, United States

Category Company
Founded 2009
Sector Software
DESCRIPTION

Zettics delivers data analytics for operators, delivering immediate, actionable insights on subscriber behavior. Zettics was founded in 2009 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1