TORONTO, Canada – (May 1, 2019) Sigma Systems, provider of catalog-driven software has announced its acquisition by Hansen Technologies, a provider of billing, data management and customer care solutions for the Energy, Water, Pay-Tv, and Telecommunications industries. Upon closing of the sale, Hansen will acquire full ownership of Sigma Systems. Hansen Technologies is a publicly traded company listed on the Australian Stock Exchange.
In today’s highly disruptive environment, service providers are focusing on how to accelerate product and service innovation, transforming their businesses into digital organizations that can more effectively create new innovative offerings, sell them without friction in the customer’s channel of choice, and deliver those services as promised.
From digital service innovation through to revenue realization and customer support, the acquisition of Sigma and the resulting combined product offerings of the two companies will further strengthen and expand the value proposition across the Telecom, Media, IoT, Energy and Utilities industries we serve. The combination of these two fast-growing companies creates an even stronger organization with greater expertise, a deeper bench of talented delivery specialist, expanded R&D scale, and a broader diversification of our business across industry verticals.
The acquisition of Sigma Systems is set to close on May 31, 2019.