MIR3 Completes Acquisition of TelAlert
SAN DIEGO -- MIR3T, the technology leader in Intelligent Notification (IN®) solutions for global enterprises, announced the completion of its acquisition of the TelAlert software business unit of CalAmp Corporation, a provider of wireless products, systems and services. CalAmp previously announced that the transaction was valued at approximately $10M in cash, a note and preferred stock in privately held MIR3.

For many years TelAlert has been a provider of wireless notification for IT, providing enterprise customers with the communications infrastructure to meet critical service-levels.

Amir Moussavian, MIR3 president and CEO, said, “The acquisition of TelAlert creates the only global enterprise notification platform and allows us to provide superior market solutions based on leading IT and business continuity/disaster recovery (BC/DR) notification technology. Through our extended suite of products and services, MIR3 is now positioned as a single-vendor source for all aspects of strategic enterprise-wide IT, BC/DR and supply chain management notifications.”

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