And, of course, there may be some more telecom software acquisition activity in the near future, too. (See Is NSN Close to BSS Sale?)
Elsewhere, there are some partnerships, financial performances and contract awards worth noting.
Following its deal to sell roaming unit Starhome, holding company Comverse Technology has taken another significant step toward a simpler ownership structure. It is to be swallowed up by Verint Systems, currently part of the Comverse Technology group. That process will coincide with BSS and value-added services (VAS) business Comverse Inc. (Nasdaq: CNSI) becoming an independent company. In essence, Verint will subsume its current parent company and Comverse Inc. will become the master of its own destiny. (See Verint to Merge With Comverse Tech, Comverse Sells Roaming Unit and Comverse Hits a Slippery Slope.)
Still in India and still with VAS, Altruist Technologies, which is based in the city of Chandigarh, has acquired Swedish VAS specialist Teligent Telecom for about €13 million ($16.4 million), reports The Business Standard. Despite having a lot of big-name carrier customers, Teligent has annual revenues of only €14 million ($17.6 million), but that will be enough to double Altruist's annual sales.
Pan-European operator Colt Technology Services Group Ltd has acquired ThinkGrid, a move designed to enhance Colt's penetration into the market for cloud services targeted at small and medium-sized businesses. Auto-provisioning and flexible billing capabilities are said to be among ThinkGrid key attributes. (See Colt Buys ThinkGrid for Cloud Smarts.)
Irish policy control specialist Openet Telecom Ltd. has teamed up with Huawei Technologies Co. Ltd. to develop "new business models for global operators in the MBB (mobile broadband) era." The duo are going to see what happens when they throw Openet's policy and charging systems into the same room as Huawei's mobile network and evolved packet core (EPC) capabilities. Also worth noting here is that Openet's global vice president of alliances goes by the fantastic name of Apollo Guy. That's a business card worth having. (See Openet Upgrades Policy Management Suite.)
Australian OSS vendor Clarity International Pty Ltd. has had a fruitful financial year, almost doubling its revenues to AUS$32.6 million (US$33.6 million) and recording a small profit in the 12 months ending June 30. And the company says there's more to come. "With orders of almost AUS$80M achieved during the year the business has significant revenue coverage for the next financial year and is continuing to strengthen the team to grow our market reach. Taking these factors into consideration we believe that Clarity will show continuing top line growth in the next financial year, along with improving operational profitability," stated CEO Jon Newbery in the company's news announcement. (See Globe Deploys More Clarity OSS.)