Eagle Corporate Advisers advised Quickcomm Software Solutions Inc. ('Quickcomm') on the strategic partnering transaction with Vercuity Solutions Inc (‘Vercuity’).
The partnership for the first time offers Global 2000 companies one-stop shopping for all their TEM requirements and the option to combine and manage wireless and wireline, domestic and international services and network assets on a single integrated platform. Enterprise clients, whether searching for licensed software, an Application Service Provider (ASP), ASP with managed services, full Business Process Outsourcing (BPO), or anything in between, can find a solution at Vercuity and Quickcomm.
Quickcomm was established in 1997 and has grown to become a leading provider of global Telecom Expense Management (TEM) software and services to Global 2000 companies. Quickcomm software helps cut telecom expenses dramatically and provides actionable insight for telecom provisioning that improves a company's bottom-line. It is the most complete TEM solution available, integrating transparently with a company's existing infrastructure. Initially formed in Australia, Quickcomm now also has offices in the United States and Europe.
Vercuity is a leading provider of telecommunications expense management services (TEM) to the Fortune 1000. Vercuity's clients saved over $2 billion from the $8 billion of contracts negotiated and the company currently has $6.6 billion of telecom services under management. Vercuity, headquartered in Denver, has provided Telecom Expense Management services since 1986.
Eagle Corporate Advisers advised on all aspects of the transaction, including preparation and negotiation of software licensing and services documentation and other matters.
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