Amdocs buys Comverse BSS assets

Written by on April 30, 2015 in Snippets with 2 Comments

Amdocs has announced the acquisition of Comverse’s BSS business units for $272 million in cash. Amdocs is positioning the deal as a consolidation and customer acquisition play, while Comverse says it wants to focus on digital services.

Precisely how much of Comverse’s BSS operations are changing hands is a bit vague, with Amdocs referring to “a substantial majority” and Comverse saying “substantially all”, but legalese aside it essentially seems to be all of it. Both companies were keen to stress how great this is for existing Comverse customers.

“As a result of this acquisition Amdocs, with its more than 30-year industry experience, will be able to bring additional value and innovation to Comverse’s customers,” said… Read the story here…

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  1. Jinny Porcina says:

    I guess this means that Comverse sees a better future in VAS , RCS, VoWiFi and Unified Comms than in Billing. ???

    I’m sure Amdocs is interested in their customer base but $272M for a business generating $251M seems pretty low.

    Am I missing something here?

    • Tony Poulos says:

      I’m guessing that Amdocs was attracted to the substantial billing customer base being serviced by products nearing end of life. It seems to be working for Redknee.

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