TNGO Profile
Tangoe, Inc. (TNGO) was a technology company that provided telecom expense management (TEM) software and services to enterprises. The company's solutions were designed to help organizations manage their telecom and mobile expenses, as well as optimize their mobile device usage and IT assets.
In May 2018, the company was acquired by Marlin Equity Partners, a global investment firm, and was delisted from the NASDAQ stock exchange. Following the acquisition, Tangoe continued to operate as a subsidiary of Marlin Equity Partners, providing TEM solutions and services to its clients.
Investors should note that investing in companies such as TNGO carries market risks, as the financial performance of the company is linked to a variety of factors, including competition, changes in consumer preferences, and economic conditions. In addition, the technology industry is subject to rapidly changing trends and innovations, which can impact the company's ability to generate revenue and maintain its competitive position.
Investors should carefully consider these risks before investing in TNGO and consult with a financial advisor to determine if it is an appropriate investment for their portfolio.
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