M&A Deal Summary

Amdocs Acquires Comverse - Business Support Systems Assets

On July 2, 2015, Amdocs acquired business services company Comverse - Business Support Systems Assets from Xura for 273M USD

Acquisition Highlights
  • This is Amdocs’ 1st transaction in the Business Services sector.
  • This is Amdocs’ 3rd largest (disclosed) transaction.
  • This is Amdocs’ 7th transaction in the United States.

M&A Deal Summary

Date 2015-07-02
Target Comverse - Business Support Systems Assets
Sector Business Services
Buyer(s) Amdocs
Sellers(s) Xura
Deal Type Divestiture
Deal Value 273M USD

Target

Comverse - Business Support Systems Assets

United States
Comverse - Business Support Systems (BSS) Assets includes converged, prepaid, postpaid and Kenan billing assets.

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Buyer(S) 1

Buyer

Amdocs

Saint Louis, Missouri, United States

Category Company
Founded 1988
Sector Software
Employees29,000
Revenue 4.9B USD (2023)
DESCRIPTION
Amdocs office in St. Louis, Missouri.
Amdocs office in St. Louis, Missouri.

Amdocs provides software and services for communications, media, and entertainment industry service providers worldwide. It develops, implements, and manages software and services associated with business and operational support systems to enable service providers to introduce new products and process orders, as well as to support new business models. Amdocs was incorporated in 1988 and is based in Saint Louis, Missouri.


DEAL STATS #
Overall 19 of 25
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 3
Country (United States) 7 of 10
Year (2015) 1 of 2
Size (of disclosed) 3 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-07 Celcite Management Solutions

Herndon, Vermont, United States

Celcite Management Solutions is a provider of self-organizing / self optimizing network (SON) and network management solutions. Celcite is helping to transform network management and optimization processes through reliable, effective network automation technologies such as SON.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-05 cVidya Networks

Plantation, Florida, United States

cVidya Networks is a global leader and innovative provider of revenue-intelligence solutions for telecom, media and entertainment service providers.

Buy $30M

Seller(S) 1

SELLER

Xura

Wakefield, Massachusetts, United States

Category Company
Founded 1997
Sector Information Technology
Employees3,000
Revenue 477M USD (2015)
DESCRIPTION

Xura is a provider of IT solutions to global communications across a variety of mobile devices and platforms. The company helps communication service providers (CSPs) and enterprises navigate and monetize the digital ecosystem to create innovative, new experiences through our cloud-based offerings. Xura was founded in 1997 and is based in Wakefield, Massachusetts.


DEAL STATS #
Overall 1 of 4
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 3
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-15 Acision

Reading, United Kingdom

Acision Ltd. is a provider of converged mobile messaging solutions for text and multimedia messaging for 300 customers, who serve over 1 billion consumers worldwide. They also provide voice and video mail services and are a leading provider of intelligent payment solutions for both pre- and post-paid users, and innovative products for content and media and customer intelligence management that offers real-time analysis of customer behaviour.

Buy $135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-19 Mitel Mobility

United States

Mitel Mobility is a provider of software-based networking solutions that enable mobile service providers to deliver next generation services over 4G LTE networks. Mitel Mobility has a fully virtualized end to end portfolio of Voice/Video, Messaging and Mobile Core products that include IP Multimedia Subsystem (IMS), Evolved Packet Core (EPC) and Session Border Controller (SBC).

Buy $350M