Syniverse to acquire EDS subsidiary.(Business)

RCR Wireless News, August, 2004

Syniverse Technologies announced it plans to acquire EDS Interoperator Services North America, a subsidiary of Electronic Data Systems Corp., for $57 million cash. IOS North America is a third-party clearinghouse service provider for wireless carriers, offering clearing and settlement services for roaming and business intelligence reporting.

"The acquisition of IOS North America is an excellent fit for Syniverse and aligns with our strategy to grow our business, maximize profitability and strengthen our leadership position in the wireless industry,'' said Ed Evans, Syniverse's chief executive officer. "The two companies' combined expertise, technology applications and history of providing industry-leading solutions for more than 15 years is a...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
CXO UnpluggedSmart Business interviews on BNET

See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement