Volaris Group Expands Position in Communications Vertical with Acquisition of NETadmin Systems
September 15, 2015 - TORONTO, ONTARIO
TORONTO, ON, SEPTEMBER 15, 2015 – Volaris Group today announced that it has acquired NETadmin Systems (“NETadmin”), a communications Operations Support Systems (OSS) solutions business. The acquisition is Volaris’ second acquisition in the Communications vertical market.
NETadmin’s OSS solutions are sold to Communication Service Providers (CSPs) with multi-technology networks, with a deep heritage in fiber networks that connect broadband service providers to subscribers (“FTTH/B”). NETadmin’s OSS enables CSP’s 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. NETadmin has over 70 customers worldwide and a market leadership position in the Nordics, Switzerland and Netherlands. Key customers include TeliaSonera, Telenor Open Universe, M7 Group, Caiway, Eidsiva bredbånd, and Jersey Telecom.
“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 Hillström, CEO with 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 is headquartered in Linköping, Sweden with an office in Stockholm. The company continues to be led by NETadmin’s CEO Olle Hillström with oversight from Volaris.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.