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WeDo Buys Cape

The consolidation of revenue assurance vendors continues apace. Portugese business WeDo Consulting has acquired Irish firm Cape Technologies for EUR17m (US$24.3m), rising to EUR20m (US$28.6m) if performance targets are met. Read the press release from WeDo here. This ends a long spell of rumours about the future for the Dublin-headquartered Cape. One of Cape’s largest customers commented today: “I wasn’t surprised.” WeDo is boasting it will become the world leader in revenue assurance thanks to its 370 employees, though it remains to be seen whether the “merger” as the parties are describing it, really will have no impact on headcount in the long run.

Eric Priezkalns
Eric Priezkalnshttp://revenueprotect.com

During his career, Eric has been a Director of Risk Management for a national telco, the Chief Executive of the Risk & Assurance Group, a Chief Marketing Officer for a software business, a consultant, a public speaker and the publisher of Commsrisk since its launch in 2006. Look here for more about the history of Commsrisk and the role played by Eric.

The comms providers that Eric has worked for include Qatar Telecom, Cable & Wireless, T‑Mobile, Sky and Worldcom. In addition to his proficiency at speaking about the current scamdemic, Eric is also a qualified chartered accountant and a subject matter expert in consumer protection, enterprise risk management, fraud prevention, data integrity and billing accuracy. Eric was the lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He can be reached through the contact form on this website.

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