TeleCommunication Systems (TSYS -4.6%) is acquiring microDATA GIS, a provider of next-gen 9-1-1...

|About: TeleCommunication Systems, ... (TSYS)|By:, SA News Editor

TeleCommunication Systems (TSYS -4.6%) is acquiring microDATA GIS, a provider of next-gen 9-1-1 call-management solutions, for $37M ($20M in up-front cash). TCS, whose existing E9-1-1 call-routing solutions support over half of all emergency calls, has obtained an $80M credit facility to finance the deal.