Volaris Group Enters New Communications Vertical with Acquisition of Incognito Software
September 22, 2014 - TORONTO, ON
TORONTO, ON, SEPTEMBER 22, 2014 – Volaris Group today announced that it has acquired Incognito Software Inc. and Interactive Enterprises Inc. (Ireland), collectively (“Incognito”), a communications Operations Support Systems (OSS) solutions business. The acquisition is Volaris’ first acquisition in the Communications vertical market.
Incognito’s OSS solutions are sold to Communication Service Providers (CSPs) in both the cable and telecommunications markets enabling them to quickly and cost-effectively deploy data, voice, and video services across a multitude of fixed and wireless networks, vendors, technologies, and standards. Incognito has over 250 customers in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Key customers include Net Serviços de Comunicação (Net Brazil), SuddenLink Communications, Starhub, and Com Hem Aktiebolag.
“We were eager to grow our business further but needed more investment and resources to do this effectively. Several venture capitalists and private equity firms approached us, but it quickly became clear that Volaris was the right company for Incognito,” said Stephane Bourque, President & CEO with Incognito. “Volaris’ approach to building our business for the long-term and their strong culture was a clear differentiator. We believe that with Volaris we can continue to grow our business to better serve our customers worldwide.”
Incognito is headquartered in Vancouver, BC with an office in Dublin, Ireland. The company continues to be led by Incognito’s President & CEO Stephane Bourque with oversight from Volaris.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Benefits Administration, Cultural Collections Management, Insurance, Justice, Marine, People Transportation, Rental Management and Communications. Volaris is an operating group of Constellation Software Inc. Learn more at http://www.volarisgroup.com.