“The acquisition of Utel Systems fits perfectly with our growth strategy to transform data-driven companies to international Software-as-a-Service champions. Utel Systems is a leading provider of services for network monitoring and analysis, with strong domain expertise, and a solid platform for product expansion and international scalability,” says Espen Zachariassen, Chief Executive Officer of Alytic.
Alytic has entered into an agreement to acquire 97.5 per cent of Utel Systems. Utel Systems is a provider of services for telecom network monitoring and analysis, in addition to protocol analysis and simulation services. Utel Systems serves telecom carriers, fixed and mobile network operators, service providers, wholesale suppliers, intelligence services, police security services, the military and authorities.
Clients include Norwegian telecom giant Telenor, British Telecom and Japanese KDDI, Softbank Mobile and NTT DoCoMo.