Pareteum Corporation (TEUM) Tops Q1 EPS by 6c

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Pareteum Corporation (TEUM) Reports Acquisition of Devicescape

May 8, 2019 7:31 AM EDT

Pareteum Corporation (NASDAQ: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)TM, today announced it has acquired Devicescape, the San Francisco-based mobile location and engagement solutions provider.

The acquisition equips Pareteum customers, including IoT and communications service providers, B2C brands, and smartphone application developers, to engage and connect end users and devices at countless public places across the world.

The Devicescape software solution triggers presence alerts when devices enter venues, allowing Pareteum customers to deliver location-specific mobile... More