Evolving Systems Acquires Sixth Sense Media

September 30, 2015

Evolving Systems, Inc. (NASDAQ: EVOL) has acquired RateIntegration, Inc., d/b/a Sixth Sense Media, a Durham, North Carolina–based provider of real-time analytics and mobile marketing solutions for wireless carriers. The all-cash deal (~$10.0 million in two payments) is intended to accelerate Evolving Systems' move into mobile marketing and advertising by combining Sixth Sense Media's Real-time Lifecycle Marketing platform with Evolving Systems' activation and mobile data enablement products.

Buyers
Evolving Systems, Inc.
Targets
RateIntegration, Inc. d/b/a Sixth Sense Media
Industry
Software
Location
North Carolina, United States
Transaction Type
Buyout

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