Communications services provider Tekelec, which went private earlier this year in a deal worth $780 million, has sold off a piece of its business.
On Monday, Illinois-based NewNet Communication Technologies said it had acquired Tekelec’s Mobile Messaging business.
The group is based in the Netherlands.
Financial terms of the deal were not disclosed.
The messaging group focuses on Short Message Service (SMS) texting services.
“NewNet will take the Tekelec Mobile Messaging technology to its next stage through continued investment in the platform and aggressive global marketing,” said David Rice, general manager of Tekelec’s Global Signaling Solutions business. “NewNet’s strong messaging position, seasoned management team and commitment to customer service will help service providers fully capitalize on the legacy and next-generation mobile messaging services.”
[TEKELEC ARCHIVE: Check out three years of Tekelec stories as reported in WRAL Tech Wire.]