CTS (News - Alert), a telecom consulting company, recently signed a limited buyout agreement with network TAP software company Network Services Group (NSG). The agreement calls for the sale of NSG’s customer base, software code and associated contracts to CTS. The buyout agreement is effective July 1, 2012.
The company offers software solutions for telecom network management companies that are vital tools that assist companies in managing, monitoring, and protecting network integrity. And a network TAP is an important part of any network optimization plan as it helps organizations to increase visibility into exactly what’s going on in an infrastructure.
“The legacy of innovative network monitoring tools by both companies has greatly impacted the telecommunications industry and we couldn’t be more excited about future growth and innovations with our buyout of such a great company,” said CTS President and Founder Charlie G. Hinders, in a statement.
Powering the CTS PRO, AMA and SS7 software solutions, the company also specializes in tools for capacity engineering and traffic studies, advanced AMA and SS-7 Call Center (QMS) analysis, force management statistics, revenue assurance and consulting services among other software services.
CTS’ buyout of NSG is advantageous for the customers of both companies as the network monitoring ability allows for the continuous monitoring of a company’s telecommunications infrastructure, in addition to quick problem identification and the management of capacity issues in situations where VoIP, IP and telephone networks may be running on different types of networks at the same time. These network TAP tools filter all traffic that comes across an IP or telephone circuit or soft-switch network.
Further, the agreement also requires NSG to provide support to CTS for the customers being transferred.
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