TEOCO, the leading provider of cost management and revenue assurance solutions to communications service providers worldwide, has acquired Vero Systems, a global provider of margin management products and least cost routing solutions. Terms of the transaction were not disclosed. [Read more…]

A court ruling brought to a close a suit against Razorsight because of its stolen use of TEOCO’s intellectual property. As part of the order entered in the United States District Court for the Eastern District of Virginia, Razorsight Corporation, and other defendants, admitted liability on all of the claims filed against them. The settlement includes an injunction from Razorsight making any further use of any TEOCO intellectual property, a USD $4,500,000 payment, and a future audit. As an additional part of the court ordered injunction, Razorsight is required to extricate the stolen TEOCO intellectual property from all existing systems being used by its clients by September 1, 2008. [Read more…]

TEOCO, the #1 provider of network cost management, revenue assurance and business intelligence solutions to the communications and entertainment industry, recently announced that Cricket Communications, Inc., the operating subsidiary of Leap Wireless International [NASDAQ: LEAP], has implemented TEOCO’s world- class ViewLogic software in an outsourced model. [Read more…]

TEOCO, the #1 provider of highly-scalable network cost management, revenue assurance and business intelligence solutions to communications and entertainment firms worldwide, has recently announced the release of Claim Center 3.0, a new version of TEOCO’s web-based claims management solution. TEOCO’s Claim Center provides communications and entertainment service providers with an automated solution for full lifecycle claim management from creation and filing through resolution. [Read more…]

TEOCO Corporation, a leading supplier of revenue and cost management solutions to communications and entertainment providers, has expanded its high-volume analytics and business intelligence capabilities with the acquisition of another data warehouse appliance from DATAllegro, supplier of data warehouse appliances that lead the industry in price and performance. TEOCO has also been selected by a Tier 1 communications provider to deploy TEOCO’s SONAR analytics solution to drive cost management, revenue assurance, and margin enhancements. [Read more…]