The first big day at TM Forum Live! started with an announcement of an acquisition: MYCOM software business, the leading independent provider of carrier-grade Service and Network Performance solutions, announced that it has acquired OSI, a leading Fault Management and Service Impact provider, to extend and enhance its market leading Service Assurance product portfolio for Communications Service Providers (CSPs).
The acquisition brings together two well established businesses in adjacent sectors of the Telecom OSS Service Assurance market: MYCOM provides end-to-end multi-domain service and network performance management, and OSI provides umbrella fault and service impact management.
Says Siamak Sarbaz, MYCOM Group Chairman and Founder, “The combined MYCOM/OSI product portfolio, our continued commitment to significant R&D investment in Service Assurance software product innovation, and our enlarged combined customer base across wireless and wireline providers will enable us to better serve our customers and meet our growth goals.”
Payam Taaghol, CEO of MYCOM software business added, “Our mission is to simplify Service Assurance so that the very platforms that our customers implement to manage their complex networks do not add even more complexity. We want to deliver pre-integrated, fully automated service assurance solutions, rich with telecom expertise that correlates services to network resources and unlocks valuable network intelligence.”
Read the full press release here.
Update!
TelcoProfessions and Juliet Media have published a video interview with MYCOM’s CEO, talking about the acquisition of OSI.