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Home Archives for Mergers, Acquisitions and Investment

CGI’s Bold Move: Acquiring Comarch Polska

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In a significant step for European IT consolidation, CGI announced a conditional agreement to acquire Comarch Polska SA — a leading provider of IT solutions for public administration in Poland. The deal, which remains subject to regulatory approval, signals CGI’s deepening investment in one of Europe’s fastest-growing digital economies. [Read more…]

GTCR Buys Innovative Systems and Hands the Reins to Former Comcast Exec

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GTCR Snaps Up Innovative Systems and Installs Former Comcast Exec as CEO

A Major Move in Broadband Software

GTCR, the Chicago-based private equity firm, has purchased Innovative Systems from Alpine Investors. Along with the acquisition, GTCR announced that former Comcast executive Scott Alcott will lead the company as CEO. The move signals a new growth phase for Innovative Systems, a provider of telecom software known for its OSS/BSS platforms and payments solutions. [Read more…]

NetSpark Shakes Up Telecom Industry with Firefly Acquisition

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NetSpark IP & Telecom has announced the acquisition of the telecom division of Firefly IT Asset Recovery, adding another piece to its steadily growing platform. This marks NetSpark’s fifth major investment as the company strengthens its position in delivering flexible, carrier-neutral telecom services for mid-market, enterprise, and government clients across the United States. [Read more…]

Big Moves in Big Money: How Five Arrows’ Acquisition of Rimes Signals a New Era in Investment Management

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In a major move poised to reshape the landscape of enterprise data management, Rimes, a trailblazer in providing EDM-as-a-Service and investment platform solutions, announced on April 9, 2024, its acquisition by Five Arrows, the investment arm of Rothschild & Co. This strategic purchase is set to catalyze Rimes’ growth and bolster its global reach, creating a powerhouse in the investment technology sector. [Read more…]

Sit Investment Associates Partners with Rimes for Cutting-Edge Investment Management Upgrade: Here’s What You Need to Know

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In a move set to shake up the world of investment management, Sit Investment Associates has joined forces with Rimes, a global leader in enterprise data management solutions, to embark on a transformative journey towards modernization. With a whopping $15 billion Assets Under Management (AUM) in the U.S. market, Sit Investment Associates stands tall as one of the largest independent, family, and minority-owned investment firms. [Read more…]

Rimes Facilitates Pzena’s Technological Leap on Matrix Investment Management Platform

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In a significant stride toward modernizing its technology infrastructure, Pzena Investment Management has successfully integrated with the Matrix investment management platform, marking a collaborative effort with Rimes to enhance operational efficiency, risk mitigation, and portfolio optimization. The achievement, announced today, follows Rimes’ official engagement with Pzena in February 2023, with the service going live in mid-September. Notably, this deployment represents Rimes’ inaugural implementation of a compliance rule framework-based optimization process within Matrix, a managed service offering full infrastructure and application support. [Read more…]

Boston Partners Successfully Launches Matrix Investment Management Platform with Rimes Partnership

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In an exciting development, Rimes is thrilled to announce the successful launch of the Matrix investment management platform by Boston Partners. Serving as its enterprise data warehouse, this initiative marks a significant milestone for Boston Partners in streamlining their data management operations. [Read more…]

Network slicing – Reaping the rewards of 5G investment

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It’s no wonder that the rollout of 5G mobile broadband has been greeted with such excitement. It’s a major step forward towards realizing a connected world. For consumers, the increased bandwidth and speed means more dependable and more responsive connectivity. They can do everything they normally do, but more so, as well as faster and more reliably. [Read more…]

CSG Acquires DGIT Systems

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CSG® (NASDAQ: CSGS) announced the acquisition of DGIT Systems, a provider of configure, price and quote (CPQ) and order management solutions for the telecoms industry. The acquisition brings together industry leading solutions specifically designed to streamline the complexities of commercializing the next era of multi-party digital offerings that will drive business growth for communications service providers (CSPs). [Read more…]

Momentum Telecom Completes Acquisition of DCT Telecom Group

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Momentum Telecom, a premier provider of cloud voice, network services and unified communications solutions, today announced that it has completed its transaction to acquire DCT Telecom Group. Based in Cleveland, Ohio, DCT is a provider of leading-edge cloud voice and network solutions. [Read more…]

DIMOCO Acquires Smarcom AG

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DIMOCO has announced the acquisition of Smarcom AG.

By acquiring 75 percent of the equity stake of vending specialist Smarcom AG in Bern, Switzerland, DIMOCO sets to expand its European market leadership through addressing the European-wide vending operator market to connect their vending machines to the payment method Direct Carrier Billing. [Read more…]

Lightower Leverages Netcracker’s Next-Gen OSS to Gain Momentum After Merger

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Netcracker Technology announced recently that Lightower Fiber Networks, the premier provider of all-fiber, high-performance networking solutions delivered over its own network, has used Netcracker’s Infrastructure Optimization solution as the platform to consolidate its business processes and network infrastructure following its latest major merger. [Read more…]

Neural Technologies acquires Enterest

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Risk management and analytics expert Neural Technologies has acquired the platform software company Enterest, based in Hamburg, Germany. The addition of Enterest’s EDR Workbench platform to Neural’s Minotaur suite will make it the most effective Risk and Business Assurance platform on the market, thanks to increased Big Data capabilities. [Read more…]

Service Delivery Innovation Summit / Merged with the Digital Services Congress

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OSS News Review is partnering Service Delivery Innovation Summit at the Royal Garden Hotel in London on 21-23 September, merged with the Digital Services Congress.

Some of the key industry leading speakers include: [Read more…]