UK's Itec Telecom Systems acquires Digiquant  

2003.09.15
Roskilde based Digiquant has been acquired by the London bourse-listed company Intec for DKK 78 million

Roskilde based Digiquant A/S, a global supplier of operations and business support system software for next-generation communications, content and data services, has been acquired by the UK company Intec Telecom Systems for DKK 78 million (USD 11.7 million). The news is reported on Digiquant's website and by Computerworld.dk

 

"Acquiring Digiquant is a very exciting step for Intec," said Chief Executive Kevin Adams. "As well as a solid contribution to our business growth we intend that Digiquant will substantially expand our technical capabilities into important new markets".

 

More than 50 service providers use Digiquant's award winning IMS product line worldwide, including Telefonica, Telecom Italia, Tiscali, Telekom Malaysia, iBasis, and Omnitel Vodafone. IMS allows carriers, service providers, businesses and other users of data networks to manage and bill for advanced, next-generation services.

 

Digiquant's founder and CTO Hasse Rasmussen commented "Combining Digiquant's technology and Intec's global distribution capabilities opens many doors for both companies, as well as allowing Digiquant customers to be fully confident in the future of the product set."

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