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Dimension Data acquires American telecoms expense management provider, Xigo

Dimension Data acquires American telecoms expense management provider, Xigo

DiData and Xigo (formerly Invoice Insight) have been working together in the field of telecoms expense management (TEM) for the last five years. This transaction, effective on 18 January, 2012, enables the South African integrator to acquire Xigo’s SaaS telecoms cost optimisation solution, Xigo Enterprise. This platform can be used for expenditure analysis, sourcing, start-ups, and invoice processing.

Dimension Data will initially focus on increasing Xigo’s US market share, before extending TEM solutions to other markets.

The financial terms and conditions of the acquisition were not disclosed.

Sources: Dimension Data->http://www.dimensiondata.com/Lists/Downloadable%20Content/DimensionDataAcquiresTelecomExpenseManagementProviderXigo_129727277873549556.pdf], [Xigo