Vertexone Acquires Ec Infosystems, Fulfilling Energy Market Need For End-To-End Technology Solutions
Acquiring Company
VertexOne
Acquired Company
EC Infosystems
HoustonSoftwareSoftwareGovernment And MilitaryDescription
VertexOne, a leading provider of enhanced SaaS solutions to the utility industry, announces the completion of their acquisition of EC Infosystems, the largest provider of Customer Information Systems (CIS), Billing, and Electronic Data Interchange (EDI) to retail energy companies in North America. This acquisition marks another step in VertexOne’s ongoing strategy of providing utilities of all types with a complete set of SaaS applications and enhanced services to facilitate critical meter-to-cash business processes. EC Infosystems will continue to offer its industry leading software platform and leverage VertexOne’s expertise and resources to further drive innovation within the deregulated energy sector.
Quick answer
VertexOne is acquiring EC Infosystems, announced November 2, 2021. VertexOne is based in Houston, Texas, United States.
- How much did VertexOne pay for EC Infosystems?
- The deal value was not disclosed.
- What does VertexOne do?
- VTX Holdings, LLC is doing business as VertexOne.
- Where are VertexOne and EC Infosystems based?
- VertexOne is based in Houston, Texas, United States.
- Who are the decision-makers at VertexOne?
- Fundz holds 3 contacts at VertexOne. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired EC Infosystems?
EC Infosystems was acquired by VertexOne, based in Houston. The deal was reported on November 2, 2021. VTX Holdings, LLC is doing business as VertexOne. VertexOne is privately held and operates in Software.
When did VertexOne acquire EC Infosystems?
VertexOne's acquisition of EC Infosystems was reported on November 2, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does EC Infosystems do?
EC Infosystems is a market-leading Software as a Service provider (SaaS) of Electronic Data Interchange (EDI) and UtiliBill™ (Billing/Customer Information Solutions (CIS)), serving clients in the deregulated energy industry across the United States. It is privately held, operating in Software.
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