News

Tangoe, Inc. Announces Pricing of Public Offering

Posted on: March 28, 2012
Release date: 3/28/2012

Orange, Conn., – March 28, 2012 — Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of communications lifecycle management software and related services, today announced the pricing of a registered public offering of an aggregate of 8,000,000 shares of common stock at a price to the public of $18.50 per share. Of the shares in the offering, 2,200,000 shares are being offered by Tangoe, and 5,800,000 shares are being offered by selling stockholders. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares at the public offering price. Tangoe will not receive any proceeds from the sale of shares by the selling stockholders.

$35+
Billion

of spend under
management

10+
Million

devices managed
globally

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