Mer Telemanagement Solutions

Company Overview

Snapshot

Founded in January 1984, Mer Telemanagement Solutions operates with 51–200 employees. The company has raised $7.2 million across one funding round. In July 2021, Mer Telemanagement Solutions completed its merger with SharpLink, Inc., and subsequently changed its name to SharpLink Gaming Ltd.

Business overview

Mer Telemanagement Solutions (MTS) is a global provider of communications and technology management solutions, alongside online video advertising products and services. The company's core offerings include its TEM Suite Communications Lifecycle Management solution, designed to help enterprises optimize their communications and technology expenses, assets, services, and corporate policies. Additionally, the MTS Extreme IoT Enablement Platform provides a complete, secure, cloud-based solution for enterprises and IoT/M2M service providers. MTS also delivers video advertising and content monetization solutions for online and mobile platforms, serving enterprises and service providers across various industries.

Strategic signal

In July 2021, Mer Telemanagement Solutions completed a merger with SharpLink, Inc., and rebranded as SharpLink Gaming Ltd. This strategic move, coupled with a $6 million private placement, signals a significant pivot towards the legal U.S. online sports betting market. The company intends to leverage its C4 Sports Betting Conversion Platform to transform sports media publishers' websites into transactional online betting destinations, indicating a clear growth trajectory in a high-potential market.

Company Intelligence Q&A

What was a significant corporate event for Mer Telemanagement Solutions in July 2021?

In July 2021, Mer Telemanagement Solutions completed its merger with SharpLink, Inc., and subsequently changed its name to SharpLink Gaming Ltd. This event also involved a $6 million private placement with an existing institutional investor.

What was the impact of social media on Mer Telemanagement Solutions' stock in July 2021?

In July 2021, the stock of Mer Telemanagement Solutions surged by 51% in two days, reaching a 15-year high. This surge was speculated to be influenced by small traders on social networks encouraging stock purchases, rather than specific company reports.

What were Mer Telemanagement Solutions' financial results for the first quarter of 2020?

For the three months ended March 31, 2020, Mer Telemanagement Solutions reported revenues of $1.15 million and a net loss of $20,000. An institutional investor exercised a greenshoe option, providing additional working capital.

What award did eXsight Call Accounting receive in May 2018?

In May 2018, eXsight Call Accounting, a product of Mer Telemanagement Solutions, received the Rising Star award for 2018 from FinancesOnline for its positive user feedback and efficiency in communications software.

What strategic alliance did MTS form in February 2018?

In February 2018, MTS – Mer Telemanagement Solutions Ltd. formed an alliance with Panasonic System Communications Company of North America to deliver Property Management System integration solutions for Panasonic’s hospitality offerings.