SWEDEN - Martin Dawes Systems buys venture backed Visual Wireless

Visual Wireless is a Stockholm-based supplier of telecom revenue assurance and fraud management solutions and InnovationsKapital is one of its owners.

Martin Dawes Systems’ acquisition of Visual Wireless follows the buyer's purchase of US-based revenue assurance company, Lavastorm Technologies, in July 2005. Visual Wireless and Lavastorm will be merged to create a major force in business assurance software, encompassing revenue assurance, fraud management and trading partner cost validation.

The integration will provide highly advanced solutions in the wireline, cable, data and wireless converged markets.The combined resources and complementary product sets of the new division provides clients with a solution that improves visibility and control of their business operations, enabling increased revenues, lower operating costs and enhanced asset utilisation.

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