Optimi Merges With TarTecOptimi Merges With TarTec
Optimi continues its expansion strategy in merger with mobile software and research engineering provider TarTec
March 22, 2004
ATLANTA -- Optimi, the leader in providing wireless carriers network performance solutions, has announced its merger with TarTec. TarTec, based in Malaga, Spain, provides research engineering and advanced software products to the world's mobile carriers.
The Optimi/TarTec merger continues Optimi's strategy of investing in selective firms that expand its product capabilities and market penetration. Recently Optimi acquired WIZARD (the wireless product division of Agilent) and RF Consulting (a wireless optimization provider). The terms of the merger were not disclosed and subject to final mutual agreements. The combined company will continue under the Optimi name.
The combined resources of the two companies will help mobile operators to manage the challenges and costs of business and technology transition; whether they are moving from TDMA to GSM, voice to data, or from GSM to UMTS.
"By merging with TarTec we achieve several strategic advantages. TarTec's 70 highly trained engineers will greatly expand our research and product development capabilities as well as meet the requirements of our growing customer base," said David Bagley, COO of Optimi. "Additionally, by merging with TarTec we significantly expand our ability to support the European mobile market," noted Bagley.
"TarTec has brought together some of the most creative research and development minds in the mobile industry. We provide carriers with advanced consulting and products that solve their complex network radio frequency challenges" said Mark Keenan, CEO of TarTec. "Additionally, we act as a knowledge resource to the industry by publishing reports and analyses. By joining forces with Optimi, we will greatly expand our capability to assist wireless carriers by anticipating the technology transition challenges that are ahead and by finding the right solutions" said Keenan.
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