---
author: "Eric Priezkalns"
published: "2009-10-22T23:10:31+00:00"
modified: "2015-02-16T23:53:54+00:00"
title: "ECtel and cVidya Merge"
permalink: "https://commsrisk.com/ectel-and-cvidya-merge/"
---

# ECtel and cVidya Merge

At last, we can lift the lid on the worst-kept secret in the RA industry. Israeli vendors ECtel and cVidya have announced they will merge in a deal that will see ECtel shareholders receive a 58% premium on the recent share price (subject to the usual regulatory approval blah blah). You can read more details in the [press release](http://www.ectel.com/content.aspx?id=640).

The reason for the merger was best explained with this comment by Yair Cohen, Chairman of ECtel’s Board of Directors:

> At the board we… recognize the challenges of continuing the path as an independent public company operating in a competitive and consolidating market that is limited in its size.

In other words, forget the hype about endlessly growing markets and how everybody loves/needs/wants more and more revenue assurance. The truth is that competition is cutthroat and only the strongest will survive…