TEOCO Completes TTI Purchase‏

US cost and revenue management vendor TEOCO has announced the completion of its acquisition of TTI Telecom, the Israeli service assurance firm . You can read the TEOCO press release here.

TEOCO made their formal bid for TTI in June. No new information was presented about the deal, implying the final deal was the same as the original offer. ‘Dead Cat’, a regular commentor on talkRA, pointed out the deal valued TTI Telecom at USD 27 million.

The logic behind the deal appears to be two-fold. First, quality of service increasingly underpins the quality of revenues, and this makes TTI a complementary play for TEOCO’s existing offerings. Second, TTI has customers in regions where TEOCO has yet to make a foothold. Cross-selling to TTI customers gives a potential platform for TEOCO to extend its reach outside of the American market.

Eric Priezkalns
Eric Priezkalns
Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Chief Executive of the Risk & Assurance Group (RAG), a global association of professionals working in risk management and business assurance for communications providers.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.