Capman invests in LTE Innovations
Capman Technology 2007 fund has signed a conditional agreement to invest in LTE Innovations Oy, a finnish telecom architecture consultancy. Together they have acquired the Italian Protocol Group (IPG), including the award-winning TAMS and Mobile X-Ray™ product lines, and thereby entered the Costumer Service Assurance Market.
LTE Innovations’ OSS (Operations Support System) consulting expertise combined with both companies’ large clientele of top tier Service Providers makes the new joint venture a significant player in the emerging market for Customer Service Assurance solutions (CSA).
The joint entity will be headquartered in Helsinki and will serve over 180 costumers in more than 50 countries. It is expected to generate revenue over EUR 8 million in 2008.