Montreal’s Anomalous Networks acquired by Tangoe for $9 Million
Montreal-based Anomalous Networks, a provider of real-time telecom expense management software, was acquired by Tangoe, also a telecom expense management company, last week. Tangoe purchased Anomalous with a combination of cash and stock valued at roughly $9 million, according to a regulatory filing.
Techvibes covered the Anomalous mobile apps one year ago.
“Managing the costs and security risks associated with the deployment of mobile technologies is an increasing challenge for global organizations as a result of the rapid growth and proliferation of connected devices,” Al Subbloie, Tangoe’s CEO, said in a statement. “The acquisition of Anomalous Networks will enhance Tangoe’s ability to address this challenge by adding additional best-in-class, real-time expense management capabilities to our industry leading platform.”
“You want to prevent the cost, not just report on it,” Anomalous CEO Daniel Rudich said of telecom expenses. “We’ve integrated with the devices and we compare the usage with the plan from the carrier. That way we can see the second somebody’s roaming, or if they’re projected to go over their voice minutes or their data plan before that occurs. You can save 50 to 80% of your roaming costs if you proactively purchase a roaming package before you travel.”