In December 2002, Rocket Software, Inc. completed its all-cash tender offer for the shares of common stock of TCSI Corporation at a price of $0.52 per share, pursuant to a definitive merger agreement signed in November 2002. As a part of the offer, approximately 13,785,496 shares of TCSI's common stock, or approximately 67.07% of the outstanding shares, were tendered. TCSI Corporation provides integrated software products and services for the global telecommunications industry. Its solutions enable telecom service providers, original equipment manufacturers, and systems integrators to deploy and manage network infrastructure and services. The company provides a suite of integrated software products, under the Catalant® brand, which provides its customers with telecom network management solutions. The Catalant® product line enables its customers to configure and deploy sophisticated management solutions, customize application functionality, and customize software using programming languages or scripting, as well as pre-built functionality tuned to managing networks and carrier-class performance. TCSI also provides implementation services enabling its customers to deploy and integrate its integrated software products with the customers' networks. The company was founded in 1983.