GRO has acquired DigitalRoute, the global leader in Usage Data Management software, to enhance growth and leverage opportunities in the expanding market for subscription and usage-based business models.
Information on the Target
GRO has recently agreed to acquire DigitalRoute, a global leader in Usage Data Management (UDM) software. This acquisition comes as the demand for subscription and usage-based business models continues to grow across various industries. DigitalRoute is recognized as a top-tier platform that enables enterprises to collect, process, and monetize usage data from any source and in any format, no matter the scale. The company's expertise lies in areas such as billing mediation, revenue assurance, usage-based charging, and analytics.
Having served over 300 customers in diverse fields—including telecommunications, software, media and entertainment, financial services, manufacturing, travel, transportation, and logistics—DigitalRoute is well equipped to support enterprises in optimizing their operational models. With over two decades of experience in the telecom industry, DigitalRoute aims to further establish its global leadership as new market opportunities arise.
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Industry Overview in Sweden
Sweden, a country known for its innovation and strong technological foundation, has witnessed significant growth in the subscription and usage-based business models. This shift is driven by evolving consumer preferences
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GRO
invested in
DigitalRoute
in 2023
in a Management Buyout / Buy-In (MBO) deal