M&A Deal Summary

Amdocs Acquires cVidya Networks

On November 5, 2015, Amdocs acquired information technology company cVidya Networks from Battery Ventures for 30M USD

Acquisition Highlights
  • This is Amdocs’ 8th transaction in the Information Technology sector.
  • This is Amdocs’ 14th largest (disclosed) transaction.
  • This is Amdocs’ 8th transaction in the United States.
  • This is Amdocs’ 1st transaction in Florida.

M&A Deal Summary

Date 2015-11-05
Target cVidya Networks
Sector Information Technology
Buyer(s) Amdocs
Sellers(s) Battery Ventures
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

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.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 20 of 25
Sector (Information Technology) 8 of 11
Type (Add-on Acquisition) 17 of 22
State (Florida) 1 of 1
Country (United States) 8 of 10
Year (2015) 2 of 2
Size (of disclosed) 14 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 Comverse - Business Support Systems Assets

United States

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

Buy $273M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-14 Vindicia

Belmont, California, United States

Vindicia, Inc. is a provider of software-as-a-service (SaaS) subscription management and payment solutions. Vindicia makes it easy, flexible and frictionless for digital enterprises to onboard customers and process payments for digital content, over-the-top (OTT) entertainment, online subscriptions and on-demand services.

Buy -

Seller(S) 1

SELLER

Battery Ventures

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1983
PE ASSETS 13.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Battery Ventures is a private investment firm focused on opportunities in the technology and related-sectors. Battery will invest at all company stages, from seed and early-stage capital situations to leveraged buyouts, PIPEs, spin outs, rollups and take-privates of established companies. Battery's private equity group focuses on investments in companies with revenue of $5 to $200 million and EBITDA up to $25 million. Battery can commit up to $100 million in equity per transaction. Specific areas of interest include software; IT services and outsourcing; communications components, systems, and services; and financial services and tech-enabled businesses. Battery will consider investments throughout North America, Europe, and Asia. Battery Ventures was formed in 1983 and is headquartered in Menlo Park, California.


DEAL STATS #
Overall 34 of 64
Sector (Information Technology) 1 of 9
Type (Add-on Acquisition) 16 of 34
State (Florida) 1 of 3
Country (United States) 31 of 51
Year (2015) 4 of 5
Size (of disclosed) 20 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 CrunchTime

Boston, Massachusetts, United States

CrunchTime is a provider of enterprise-management solutions for the hospitality industries. CrunchTime’s back-office solutions help customers reduce food and beverage costs, track inventory items, drive labor efficiencies, and better manage the quality and consistency of their foodservice operations. CrunchTime has been in business for 20 years, and its customers include multi-unit restaurants, cruise lines, entertainment venues, hotels and foodservice management companies around the world. CrunchTime is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-24 Trust International Hotel Reservation Services

Frankfurt, Germany

Trust International Hotel Reservation Services GmbH is a provider of reservation technology and distribution systems for hotel companies worldwide.

Sell $154M