Tech Company M&A Transactions
Vitel Software Acquisition
Vitel Software was bought by Concord. The transaction was announced on 3/9/2006. Concord said the transaction price was $4 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/9/2006
Transaction Type
M&A
Amount
$4,000,000
M&A Terms
The deal calls for Concord to pay $4 million in cash plus the assumption of debt of the Worcester-based Vitel and is expected to close in January 2005.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
67 Millbrook St
Worcester, MA 01606
USA
Worcester, MA 01606
USA
Phone
Website
Email Address
Not Recorded
Overview
Vitel Software's performance management solutions manage disparate telecommunications systems. They provide a unified network view that empowers all organizational levels to control costs, optimize resources, and assure security and quality of service.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John McCarthy
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