FTS Company Profile: Acquisition & Investors

FTS Overview

Founded
1997

Status
Acquired/Merged

Employees
377

Latest Deal Type
M&A

Financing Rounds
5

Investments
1

FTS General Information

Description

Developer of telecom billing and payment software intended for service providers worldwide. The company software offers end-to-end and add-on telecom billing, charging, customer care, partner management, policy control and payments solutions, thereby enabling its clients to manage complex transactions and relationships with flexibility and independence.

Contact Information

Website

www.fts-soft.com

Formerly Known As

Formula Telecom Solutions

Ownership Status

Acquired/Merged
(Operating Subsidiary)

Financing Status

Formerly PE-Backed

Primary Industry

Financial Software

Other Industries

IT Consulting and Outsourcing

Parent Company

Magic Software Enterprises

Primary Office

1 Yehadut Canada Street
Or Yehuda 6037501
Israel

+972 00-000-0000

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FTS Valuation & Funding

Deal Type	Date	Amount	Valuation/ EBITDA	Post-Val	Status	Debt

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FTS Comparisons

Description

Primary
Industry

HQ Location

Employees

Total Raised

Post Valuation

Last
Financing
Details

Developer of telecom billing and payment software intended for service providers worldwide. The company software offers

Financial Software

Or Yehuda, Israel

377 As of 2015

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Toronto, Canada

000 As of 0000

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Yokneam, Israel

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FTS Competitors (29)

Company Name	Financing Status	Location	Employees	Total Raised	Last Financing Date/Type	Last Financing Amount
Sigma Systems Canada	Formerly PE-Backed	Toronto, Canada	000	0000	000000&0
0000 000	Formerly PE-Backed	Yokneam, Israel	000	0000	00000000	0000
00000000 000000000	Private Equity-Backed	Mumbai, India	00000	000.00	000000000000
00000000	Private Equity-Backed	San Francisco, CA	000	00000	000000000000	00000
0000 00000000000	Formerly VC-backed	Chennai, India	00000	000.00	00000000000	000.00

You’re viewing 5 of 29 competitors. Get the full list »

FTS Executive Team (6)

Name	Title	Board Seat	Contact Info
Yael Ilan	Chief Executive Officer
Ilan Benodiz	Chief Technology Officer & Solution Architects and Implementation Group manager
Asaf Berenstin	Chief Financial Officer