Tangoe acquires MOBI

Tangoe, the technology expense management (TEM) company, has announced it has acquired MOBI, the managed mobility services (MMS) company, the company said.

This acquisition brings together the industry´s execution leader with the industry´s MMS visionary to create a global market powerhouse. The combined company manages USD 40 billion in annual technology spend and 10 million connected devices–nearly five times more than its nearest competitor.

MOBI customers will benefit from Tangoe´s more than 20 years of TEM experience, robust advisory services, global 24×7 customer support, cloud expense management capabilities and track record of continuous innovation, including more than 40 patents in TEM technology. The combination of the two companies will accelerate the introduction of new enhancements for the management of telecom, mobility, and cloud assets and programs.

Tangoe is the global standard for America´s greatest brands. Tangoe customers trust them to optimize more than USD 40 billion of technology expenses and manage the lifecycle of more than 10,000,000 technology assets.