Volaris Group to acquire MDS Global.

Volaris Group acquired MDS Global, a provider of revenue management, business assurance, and analytics software to telecommunications service providers. Financial terms were not disclosed. "We are particularly impressed with how MDS Global's managed services capabilities evolved over years, into being the trusted billing platform for major Tier 1 operators. We look forward to assisting MDS Global in growing their cloud-based as-a-service billing offering, which enables disruptive operators to launch customer configurable services and IoT monetization," said David Nyland, Portfolio Leader and President, Media & Communications vertical at Volaris.