Telman Founder Takes Major Step in Hotel Technology Development, Selling Both Units of Company

Telman, a Houston-based technology management and software company described as the leading firm in the hospitality industry, announced the sale of both its major business units on December 11, 2000. The strategic divestiture involved two separate transactions designed to create new opportunities within hotel industry technology.

Telman Software Sale to UniFocus

The software division of Telman was sold to UniFocus, LP, identified as a preeminent Dallas-based hospitality industry performance management firm. This transaction transferred Telman’s software operations to UniFocus as part of the broader restructuring effort.

Telecommunications Unit Joins TIV Operations Group

In a separate strategic action, Telman’s telecommunications management company entered into a partnership with TIV Operations Group, Inc. (TIV), a Frisco, Texas-based firm described as worldwide in scope. This move represented the second major component of Telman’s divestiture strategy.

Strategic Context

The company characterized both transactions as designed to create new opportunities for the hotel industry technology sector. The simultaneous sale of both major business units represented a significant milestone for Telman’s founder and reflected a major structural change for the Houston-based organization.

Key Points

• Company and Location: Telman, Houston-based technology management and software company
• Date: December 11, 2000
• Transaction Details:
  • Telman Software sold to UniFocus, LP (Dallas-based hospitality industry performance management firm)
  • Telman Telecommunications management company joined with TIV Operations Group, Inc. (Frisco, Texas-based, worldwide operations)
• Market Positioning: Telman described as the leading technology management and software company in the hospitality industry

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