TEOCO Buys Rival Revenue Assurance Company

Revenue assurance provider TEOCO said this week it has acquired the carrier cost management and business intelligence assets of rival company Vibrant Solutions, which serves wireline and wireless carriers.

Terms of the deal were not disclosed.

“This is an exciting time in the telecommunications industry where consolidation drives businesses to make bold moves,” said Atul Jain Chairman and CEO of TEOCO. “We have competed in the same market with Vibrant Solutions for six years and have great respect for their employees, software and innovative capability.”

TEOCO bought the Vibrant Solutions division that includes the ViewLogic, Acuity and Cost of Access software systems; TEOCO also purchased the Vibrant Solutions and HyperAnalytics trademarks.

The Vibrant Solutions acquisition adds 15 carriers to TEOCO’s more than 25 customers.

“Our clients should expect greater innovation and value from us,” said John Devolites, vice president and general manager.

TEOCO and Vibrant both are headquartered in Fairfax, Va., and have multiple locations throughout the United States.

TEOCO www.teoco.com

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