Updated March 31 at 8:31pm

Sign up to receive Providence Business News' newsletters
and breaking news alerts.  


ICOA to acquire majority interest in Tango Software


WARWICK – ICOA Inc. has signed a letter of intent to acquire a majority interest in Tango Software Corp., a privately help Canadian company.

Tango, which designs and develops “mission-critical” software, specializes in e-commerce payment processing software, internet security and digital identity protocols, computer control systems for industrial, electrical and refrigeration applications and high-availability solutions for enterprise-scale websites.

Through its relationship with ICOA, Tango intends to develop its own internet transaction payment processing software – known as a ‘payment engine.’

ICOA will provide management and funding support to the endeavor and, according to a release, Tango engineers expect to utilize ICOA’s Authentication and Authorization Platform in order to expedite the development of the payment engine.

Terms of the deal were not revealed, but the transaction is expected to close by the end of July.

ICOA Inc., Tango Software Corp., enterprise-scale websites


No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment
Latest News