TMCnet News
Mexico : VOLARIS announces INCOGNITO's acquisition [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Incognito Software announced that it has been taken over by Volaris Group, an operating group of Constellation Software, and this is Volaris first buyout in communications market As per the Volaris, it would be aiding Incognito to raise organically with more investment in research and development, sales and marketing, so it can scale its operations and capitalize on key trends in the broadband market. The recent explosion of over-the-top (OTT) content, the connected home, and bandwidth congestion brought us to an inflection point: We have the innovative technology to provision, activate and monitor broadband services, but needed a new level of scale to accelerate our growth," said Incognito President and CEO Stephane Bourque. Volaris Group gives us the financial resources to capitalize on our expanding market opportunity in an intelligent way that will be beneficial for our organizations, our partners and our customers." (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). |