USA Mobility Acquires Amcom Software For $163.3 Million
USA Mobility, Inc. (NASDAQ:USMO) has acquired Amcom Software for $163.3 million in cash. USA Mobility acquired the company with $110.8 million in cash and $52.5 million through a credit facility provided by Wells Fargo Capital Finance.
“This acquisition is about combining two leaders in mission critical communications. USA Mobility’s three primary core market segments of Healthcare, Government and Large Enterprise are exactly aligned with Amcom’s customer segment focus. USA Mobility is the undisputed leader in paging and wireless messaging — the foundation of mission critical communications today. Increasingly, however, mission critical communication is evolving. Pagers were once the lone device for urgent communications in healthcare, government, and public safety. But today’s leading organizations communicate with an ever-increasing diverse array of methods and devices. Amcom Software is a recognized leader in delivering software solutions, which enable seamless, critical communications. Amcom’s unified communications suite connects people across a universe of devices that is constantly expanding,” stated USA Mobility president and CEO Vincent Kelly.
USA Mobility said that Amcom’s revenue for 2011 will be between $175 and $183 million.@amitchowdhry or on Google+ at +AmitChowdhry