Ectel buys Compwise's Assets
Israel-based, Nasdaq listed ECtel Ltd., a provider of Integrated Revenue Management solutions, announced last week that it acquired substantially all assets of another Israel-based company Compwise, a provider of business analytic solutions for telecommunication operators, for approximately USD 1.3 million.
The acquisition is expected to be accretive to earnings.
Compwise's products provide innovative business intelligence solutions for telecommunications service providers. Their analytical approach enables operators to maximize tariff profitability, improve retention of profitable customers and detect revenue leakage.
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