Mer Telemanagement Solutions

Telecommunications Solutions and Services

Business Software
Acquired by SharpLink on Jul, 2021

Company Overview

Snapshot

Founded in January 1984, Mer Telemanagement Solutions operates with 51–200 employees and has raised $7.2 million across one funding round. The company was acquired by SharpLink in July 2021.

Business overview

Mer Telemanagement Solutions (MTS) is a global provider of communications and technology management solutions and online video advertising products. The company develops its TEM Suite Communications Lifecycle Management solution to help enterprises manage and optimize their communication and technology expenses, assets, services, and corporate policies. MTS also offers the Extreme IoT Enablement Platform, a secured cloud-based solution for IoT/M2M services, and provides video advertising and content monetization solutions for online and mobile platforms. It serves enterprises and service providers across sectors including financial institutions, healthcare providers, education, and retail.

Strategic signal

In July 2021, Mer Telemanagement Solutions completed its merger with SharpLink, Inc. This acquisition marks a significant strategic shift for MTS, integrating its telemanagement and advertising solutions into a larger entity, signaling a new phase of market consolidation and expanded service offerings under the SharpLink umbrella.

Company Intelligence Q&A

What was a key strategic development for Mer Telemanagement Solutions in 2021?
In July 2021, Mer Telemanagement Solutions completed its merger with SharpLink, Inc., transitioning its operations and market presence under the new ownership.
When did Mer Telemanagement Solutions become a publicly traded company?
Mer Telemanagement Solutions went public in May 1997 with an Initial Public Offering on NASDAQ.
What acquisition did Mer Telemanagement Solutions make in 2015?
In February 2015, Mer Telemanagement Solutions acquired Vexigo, a content monetization company.
Did Mer Telemanagement Solutions receive any industry recognition for its products?
In May 2017, Mer Telemanagement Solutions received the 2017 Unified Communications Product of the Year Award. Additionally, in May 2018, a platform for software reviews branded eXsight Call Accounting as a Rising Star for Communications Software.
What strategic alliance did Mer Telemanagement Solutions form in 2018?
In February 2018, Mer Telemanagement Solutions formed an alliance with Panasonic to integrate its property management system with new unified communications solutions for the hospitality industry.

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