Talk:Tangoe

Undue weight tag
A source cited by this article, as well as others on the internet cover fraud charges against the subject in significant depth, which this article currently skirts around mentioning. signed,Rosguill talk 22:06, 5 April 2019 (UTC)

Talk:Add Service Details and M&A History
Hello volunteer Wikipedia editors, Jody Gilliam here. I am the Director of Marketing Content at Tangoe, and I am interested in garnering your help in updating this profile to communicate more on what the company does and its M&A history - especially given its growth through acquisitions. My working draft is below, and I welcome your thoughts and edits, as I am a novice at Wikipedia editing. While I have linked my reliable sources, I have not yet edited/reordered the Footnotes, as I want to make sure the content itself is in order first -- so I only have to edit them once! Thank you kindly in advance for your help and guidance, Jody Gilliam (talk) 15:18, 16 June 2023 (UTC) -

'''UNEDITED EXISTING COPY IS IN ITAL. NEW SUGGESTIONS ARE NOT. '''

''Tangoe, Inc. is an information technology company that delivers telecom expense management, managed mobility services, and cloud expense management software and services to businesses of all sizes, around the globe. ''

The Tangoe One IT expense management platform is designed to help IT, finance, and procurement leaders save money on their IT services while also reducing the time and effort needed to inventory their technology expenses and manage any associated invoices, payments, vendor contracts, and mobile devices. Additionally, the company offers a cost management consultantcy, Tangoe Advisory Services, which helps companies: -Audit their IT technologies and services,

-Reduce technology costs and streamline financial management operations,

-Source new service providers,

-Handle RFP processes and negotiate contracts, as well as

-Augment internal IT leadership and staff

History

The company was founded in 2000, and has grown both through organic growth as well as through M&A activity.

In 2007, Tangoe merged with Traq Wireless.

In 2008, Tangoe acquired Information Strategies Group.

In 2009, Tangoe acquired InterNoded Inc, a mobile device managed services provider.[3]

In 2011, Tangoe acquired HCL (Control Point Solutions) Expense Management Services as well as ProfitLine, Inc.

 In 2011, Tangoe also had its initial public offering.[1]

In 2012, Tangoe acquired Symphony Teleca, Anomalous Networks, and ttMobiles Limited.

In 2015, Tangoe acquired IBM’s Rivermine telecom expense management business. In 2016, Tangoe acquired Vodafone’s existing telecom expense management technology as part of a strategic partnership naming Tangoe as Vodafone’s preferred global telecom expense management provider.

The company was then taken private in 2017 by Marlin Equity Partners for $242.6 million in cash.[2] Tangoe was then combined with another Marlin portfolio company, Asentinel.[3] 

SEC Fraud Probe ''On September 4, 2018, the SEC brought charges for improperly recognizing approximately $40 million in revenue by violating provisions of the federal securities laws. [4] A settlement of $1.5 million in penalties for the company, as well as an additional $100,000, $50,000, and $20,000 in penalties was reached between the former CEO, former CFO, and former Vice President of Finance respectively. On September 10, 2020, the SEC obtains final judgment against the remaining defendant and former Senior VP, Donald J. Farias, for an additional $20,000 in penalties and bars him serving as an officer or director of a public company for five years. [5]''

''In December 2018, the company acquired mobility management company MOBI Wireless Management. [6]'' Since 2020, Tangoe has designated many new members of executive leadership. In 2020, James Parker was appointed CEO to transform the company. In 2021, Rebecca Carr became CMO. In 2022, Joel Jeselsohn was appointed as CFO, Mark Denney as CRO, and Maria Gotes as CHRO. In 2023, Chris Ortbals was appointed CPO. Jody Gilliam (talk) 15:18, 16 June 2023 (UTC)