TEOCO Expands Into Network Optimization Market with Schema Acquisition
Fairfax, Va., 23 February 2012 – TEOCO, the leading provider of Assurance and Analytics solutions to communications service providers worldwide, today completed its acquisition of Schema Ltd., a leading provider of multi-vendor Radio Access Network (RAN) optimization and analytics solutions.
“Schema’s expertise in LTE, Self-Organizing Networks (SON), UMTS, GSM and CDMA technologies positions TEOCO to the forefront of today’s key industry issues,” said TEOCO CEO and Founder Atul Jain. “Through Schema, TEOCO gains market share in the Wireless Network Optimization space, and a foothold in the critical Wireless Spectrum market.”
Operators, regulators and the media have issued warnings on the looming “spectrum crunch”, where the exponential demand created by smartphones, tablets and new devices will exceed the available airwaves within a few short years. This will impact consumers and operators alike, resulting in more failed calls and slower data access, and raising operator service delivery costs. Schema’s spectrum management solutions enable operators to offer more cost-effective services with wider coverage and superior building penetration.
Jain continued: “Schema brings a similar work culture, and expertise that greatly enhances the value TEOCO brings to its customers. Merging Schema with TEOCO’s Assurance and Analytics solutions provides unmatched potential to optimize both the network and business performance for our customers. Similar to our 2010 acquisition of TTI, Schema expands TEOCO’s product portfolio and customer footprint, and dramatically expands our market presence in Latin America and Asia.”