NEWS FROM THE STANDARD |
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Nortel Buys Sonoma to Boost Web Services
Aug 15 2000 12:47 PM PDT
PROFILE |
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Vertel makes sure telecommunications companies don't get their wires crossed. The company's software helps customers automate manager functions, transfer billing records, operate networks, and maintain seamless operation among diverse hardware, operating systems, and service providers. Software licensing brings in nearly 60% of Vertel's sales. The company also provides services such as system design, application development, testing, and training. Vertel sells to service providers, network operators, and network equipment vendors such as Lucent, Alcatel, and Nokia. Customers in the US account for 70% of sales.
COMPETITION |
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TCSI Corporation (TCSI)
Telcordia Technologies, Inc. (dossier)
Visual Networks, Inc. (VNWK)
DEALS |
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Deal: Vertel Acquires Trigon
Date Announced: 05.31.01
Value of transaction (US $Mil): Not Disclosed
Description: Vertel, a middleware provider for telecom companies, will integrate Trigon's network management solutions technology into its products.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 16.40
1-Yr. Sales Growth: (17.2)%
Employees: 145
Revenue per employee: $113,103.45
KEY PEOPLE |
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Cyrus D. Irani
CEO
Craig S. Scott
CFO
CONTACT INFO |
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21300 Victory Blvd., Ste. 700
Woodland Hills, CA 91367
US
Phone: 818-227-1400
Fax: 818-598-0047
Online: Web Site
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