cVidya Networks Taking ECtel Private
cVidya Networks, a Tel Aviv, Israel-based provider of telecom data integrity revenue assurance and dealer management systems, has agreed to acquire ECtel Ltd. (Nasdaq: ECTX), a Rosh Ha’ayin-based provider of provider of integrated revenue management solutions for communications service providers. The deal is valued at just under $21 million in cash. cVidya has raised around $22 million in VC funding, from firms like Battery Ventures, Carmel Ventures, Hyperion, Stage One and Star Ventures.
23 October 2009•4 mins read
