Sweden's Netadmin Systems has been acquired by US-based Volaris Group. As Volaris' second acquisition in the Communications vertical market, Netadmin Systems will remain focused on automating business processes and facilitate Communication Service Providers' (CSPs) growth when they roll out fibre based networks.
Netadmin's OSS aims to enable CSPs to build and operate their networks, cost-effectively deploy data, voice, and video services, and provide monitoring and assurance to ensure customer service levels are met.
"We are eager to grow our business further in our core markets and expand our presence in other high growth FTTx markets internationally. We are excited about Volaris' long-term commitment to our market and the best practices and synergies that exist within their emerging Communications vertical," said Olle Hillstrom, CEO of Netadmin. "Volaris' approach to building our business for the long-term has a good fit with our culture. We believe that with Volaris and their investments we can continue to grow our business to better serve our customers worldwide."
Netadmin Systems says it has over 70 customers worldwide and that it is in a strong market position in the Nordics, Switzerland and Netherlands. Key customers include TeliaSonera, Telenor Open Universe, M7 Group, Caiway, Eidsiva, and Jersey Telecom. Volaris is an Operating Group of Constellation Software Inc