MARKHAM, ONTARIO–(Marketwired – April 12, 2017) – Enghouse Systems Limited (TSX:ENGH) announced today it has acquired Tollgrade Communications, Inc. for a purchase price of approximately $23.0 million, subject to certain price adjustments. Tollgrade’s annual revenue is approximately $24.0 million.
Headquartered in Cranberry, Pennsylvania, Tollgrade is a leading provider of centralized, software based test systems for broadband telecom access providers. The company’s test systems are sold to communication service providers (CSPs), enabling them to remotely assess network reliability and performance, accelerate revenue for new services, minimize onsite service calls and improve overall subscriber satisfaction.
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