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TEOCO Acquires Software Synergy Inc (SSI)

TEOCO Acquires Software Synergy Inc (SSI)

TEOCO, the leading provider of analytics, assurance and optimization solutions to over 300 Communication Service Providers (CSPs) worldwide, announced that it has completed the acquisition of Software Synergy, Inc (SSI).

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Established in 1990, SSI provides automated, intelligent network-wide routing and optimization solutions for the planning and management of CSP networks. The acquisition will bring SSIโ€™s highly configurable __Universal Routing Solution (URS) under the TEOCO brand, complementing TEOCOโ€™s existing business analytics product suite. The move will expand TEOCOโ€™s presence in North America, augmenting TEOCOโ€™s routing portfolio with SSIโ€™s advanced Toll-Free routing optimization solution.ย  This solution utilizes intelligent algorithms and analytics to enable CSPs to manage the Toll-Free routing lifecycle process with greater precision and control for maximum savings and operational efficiency.

โ€œFor more than 30 years we have supported and managed the infrastructure of CSPs and we are excited to combine our knowledge, expertise and intellectual property with that of TEOCOโ€™s to deepen the companyโ€™s value proposition,โ€ said Kevin Oxley, President and CTO of SSI.

SSI currently supports several CSPs and it is the scalability of URS that enables deployments at some of the largest CSPs in North America as well as those with smaller footprints.

โ€œAs we look to strengthen TEOCOโ€™s presence in the North American market, we are proud of our strategic acquisition of SSI to enhance our routing solutions portfolio,โ€ saidย Atul Jain, Founder & CEO, TEOCO. โ€œIโ€™m pleased to welcome the SSI team members, customers and partners to TEOCO and we look forward to serving them.โ€

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TEOCO is a leading provider of analytics, assurance and optimization solutions to over 300 communication service providers (CSPs) worldwide.ย  Our solutions enable the digital transformation of CSPs while enhancing their network QoS, improving their customer experience and reducing their operational costs.
Through advanced analytics, TEOCO products provide actionable and measurable insights into network and customer behavior. This includes the optimization, effective monetization, and delivery of new and existing services, such as 5G.

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[To share your insights with us, please write toย sghosh@martechseries.com]

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