The Volaris Group announced today that it has acquired Vancouver’s Incognito Software, a communications Operations Support Systems (OSS) solutions business. The acquisition is Volaris’ first acquisition in the Communications vertical market.
Volaris is an operating group of Constellation Software (TSX: CSU), a Toronto-based provider of software and services to select industries.
Incognito is headquartered in Vancouver with an office in Dublin, Ireland. The company will continue to be led by Incognito’s President & CEO Stephane Bourque with oversight from Volaris.
Financial terms of the deal were not disclosed and according to there will be no office closings or staff adjustments as a result of the acquisition.
“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’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.
Incognito is currently hiring in Vancouver.