Customer win amid rising Crescendo agitation

Ottawa – Bridgewater Systems Inc. bridgewater.jpgreceives a major order from a large, North American mobile service provider for its Policy Controller product, to manage the client’s streaming video, music and content services to subscribers. In other news, New York-based Crescendo Partners, which has a 12% holding in Bridgewater, is seeking a special meeting of shareholders to discuss replacing some Bridgewater directors. The hedge fund is also pushing for the sale of the company to raise the value of what it believes is Bridgewater’s undervalued stock.

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