Volaris Group, an operating company of Constellation Software Inc, has bought the operations support systems (OSS) solutions business of Boston-based Advanced Broadband Networks (ABN). No financial terms were disclosed for the acquisition, which is Volaris’ third in the communications vertical market. The acquired business has become a division of Vancouver’s Incognito Software Systems, a Volaris affiliate. Constellation, a Toronto-based acquirer, manager and builder of vertical market software companies, is a portfolio investment of OMERS Private Equity.
Volaris Group Expands Position in Communications Vertical With Acquisition of Active Broadband Network’s OSS Business
TORONTO, ON–(Marketwired – June 09, 2016) – Volaris Group today announced that it has acquired Boston-based Advanced Broadband Networks (“ABN”) Operations Support Systems (OSS) solutions business. The acquisition is Volaris’ third acquisition in the Communications vertical market.
With their deep understanding of internet broadband operator needs, ABN develops OSS solutions that help Communication Service Providers (CSPs) analyze subscriber-based broadband habits and dynamically bill them based on their usage. ABN has customers in North America, Latin America, the Caribbean, and Europe.
The acquired ABN business line becomes a business unit of Incognito Software Systems, headquartered in Vancouver, Canada.
“We are eager to grow our solution suite and customer base through acquisition” said Stephane Bourque, CEO of Incognito. “ABN’s products provide us with the opportunity to offer innovative new solutions to help our customers analyze and monetize the very high demand for data services from their broadband subscribers.”
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow — whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.
Photo courtesy of Incognito Software Systems