Tangoe is a global provider of connection lifecycle management, or CLM, software and services to a wide range of global enterprises and service providers. CLM covers the entire spectrum of an enterprise's connection-based assets and services, such as voice and data services, mobile devices and usage, cloud software, infrastructure and services, machine-to-machine connections, enterprise social and information technology connections, and encompasses the entire lifecycle of these assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, or MDM, real-time telecommunications expense management, or rTEM, invoice processing and payment, expense allocation and accounting, and asset decommissioning and disposal. 

The Company's on-demand Matrix Solution Suite is a suite of software designed to manage IT expenses and to manage and optimize the complex processes and expenses associated with connection lifecycle management. Tangoe's Matrix Solution Suite and related services have historically focused on enterprises' fixed and mobile connections, and related assets, usage, expenses and analytics. The Company has and continues to enhance and expand its software and service offerings by developing and implementing additional capabilities, including capabilities designed to manage the entire range of an enterprise's IT expenses, and to turn on, track, manage, secure and support various connections in an enterprise's connection lifecycle, such as cloud software, infrastructure and services, machine-to-machine, enterprise social and information technology connections.

Type
Subsidiary
HQ
Orange, US
Founded
2000
Website
tangoe.com
Tangoe was founded in 2000 and is headquartered in Orange, US
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Tangoe Office Locations

Tangoe has an office in Orange, Alpharetta, Austin, Columbus and in 13 other locations
Orange, US (HQ)
35 Executive Blvd
Alpharetta, US
1175 Cicero Dr
Austin, US
2420 Ridgepoint Dr
Columbus, US
150 200 E Campus View Blvd
Dallas, US
800 The Belvedere 14881 Quorum Dr
Nashville, US
300 15 Century Blvd
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Tangoe Financials and Metrics

Summary Metrics

Tangoe is a subsidiary of Marlin Equity Partners

Tangoe Financials

Tangoe's revenue was reported to be $212.48 m in FY, 2014 which is a 12.5% increase from the previous period.
Annual
USDFY, 2013FY, 2014

Revenue

188.9 m212.5 m

Revenue growth, %

12%

Cost of goods sold

85 m97.5 m

Gross profit

103.9 m115 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Revenue

47.6 m50.4 m52.7 m54.5 m53.5 m54.5 m56.6 m

Cost of goods sold

21.3 m23.7 m24.2 m25.5 m23.9 m25.7 m28.2 m

Gross profit

26.3 m26.7 m28.5 m29 m29.6 m28.8 m28.4 m

Gross profit Margin, %

55%53%54%53%55%53%50%
Annual
USDFY, 2013FY, 2014

Cash

43.2 m51.3 m

Inventories

4.5 m5.9 m

Current Assets

91 m114.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Cash

42.3 m46.1 m45.7 m48.9 m52.5 m36.4 m36.6 m

Current Assets

88.1 m96.7 m102.3 m107.3 m122 m105.9 m109.7 m

Goodwill

66 m

Total Assets

198.1 m203.1 m207.5 m210.2 m220.7 m225.5 m227.7 m
Annual
USDFY, 2013FY, 2014

Net Income

5 m2.9 m

Depreciation and Amortization

10.5 m9.8 m

Inventories

(407 k)5.9 m

Accounts Payable

32 k10.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

1.6 m(267 k)(403 k)935 k252 k(2.3 m)(6.8 m)

Depreciation and Amortization

2.6 m2.6 m2.5 m2.3 m2.1 m4.5 m7.1 m

Accounts Payable

(1.2 m)1.2 m

Cash From Operating Activities

10.7 m13.1 m
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Tangoe News and Updates

Enterprise Mobility Management Trending Application for Corporate World in recent time

WiseGuyReports announced addition of new report, titled “Strategic Focus Report – Enterprise Mobility Management Posted via Industry Today. Follow us on Twitter @IndustryToday

Marlin acquires Tangoe in take-private deal

Marlin Equity has acquired Tangoe, a provider of expense management software, for $6.50 per share in a take-private acquisition. Marlin has merged Tango with portfolio company Asentinel LLC, a provider of tech lifecycle management solutions. The newly combined company will be based in Parsippany, Ne…
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