Telsasoft Acquired by Innovative Controls, LLC
May 6, 2017 – MINNEAPOLIS, MN – Minnesota-based wireless technology solutions provider, Telsasoft, has been acquired by Innovative Controls, LLC and named Roger Schmitz, CEO. Telsasoft is a network management company providing a broad spectrum of services for monitoring and managing critical network assets for wireless and broadband companies including Operations Support Systems (OSS) and Service Assurance software. Innovative Controls is an investment company founded by Schmitz.
“Prior to this venture, I was a Telsasoft customer for nearly a decade. I am excited to lead the company, and sustain the strong brand established by the orginal owner, Ray Lo,” said Roger Schmitz, CEO. “The staff’s knowledge and experience provides a solid foundation to enhance and expand our product and service offerings and continue to develop network management expertise, all while maintaining a high level of customer service.”
With decades of experience serving a loyal customer base of rural and regional carriers, Telsasoft has combined years of wireless expertise with customer feedback to produce sophisticated software that is easy to use. Telsasoft’s products scale with the continual network evolution to ensure superior operational performance.
“We welcome Roger’s leadership and business acumen to enrich current products and broaden our market presence,” said Chris Lexvold, Telsasoft, COO. “As a 15-year member of the Telsasoft team, I am looking forward to working with Roger to continue to support and facilitate our customers’ success.”
Schmitz has more than 20 years of experience in the telecommunications industry as an executive, owner and investor in several wireless companies including NewCore Wireless, Core Wireless Group, Central LTE Holdings and Northern PCS (acquired by Sprint PCS). He has also served as a financial consultant and CPA.
“Roger is an experienced financial professional with decades of diverse wireless telecommunications industry experience,” said Telsasoft founder and outgoing President and CEO, Ray Lo. “He is recognized as a trusted advisor with strong organizational, analytical and leadership skills. Telsasoft’s future is bright under Roger’s leadership.”
Telsasoft is a privately held company with headquarters in Minneapolis, Minnesota. Established in 1996, Telsasoft has a 20-year record of providing telecommunications service assurance tools to support and enhance network performance and management.
About Innovative Controls
Innovative Controls, LLC is a private investment company focused on strategic acquisitions in the wireless, wireline and broadband industries.