Telcordia goes global

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01 December 2004

OSS giant Telcordia has freed itself from the control of Pentagon-focused SAIC. Its new owners are internationally minded investors and CEO Matt Desch hopes they will fund his acquisition strategy. By Alan Burkitt-Gray

Telcordia is looking for acquisitions, following its purchase from SAIC by two investment companies in November.

CEO Matt Desch, who stays in place, told Global Telecoms Business that he is looking for opportunities in revenue assurance and IP services, especially VoIP. "We like billing mediation," said Desch. "I'd love to have an acquisition strategy that puts more people in Europe: a lot of our opportunities are in Europe."

But he's also looking at Latin America and Asia. He will look at companies costing tens of millions of dollars, "in the long run $100 million at the most", he added. "Many companies are not that expensive."

Desch engineered the sale of Telcordia, with 3,200 employees, to Providence Equity and Warburg Pincus for $1.35 billion. "They asked for me and the rest of the management team to stay," he said.

It was an open secret that Science Applications...

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