–
Amdocs Ltd today announced it has entered into a definitive agreement to acquire substantially all the assets of Celcite Management Solutions LLC for an initial consideration of approximately US$129 million in cash.
Additional performance payments may be paid as well later based on results. Celcite is a leading provider of network management and self-optimizing network solutions with products that look highly complementary to Amdocs own.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
This acquisition expands what Amdocs calls its “customer experience systems” portfolio further into the network software domain, in order to extend the management of the customer experience across both networks and IT. The acquisition should be considered strategic for Amdocs and will ultimately allow its service provider customers to maximize their network capacity and quality, and also to use geo-located network data to improve their customer experience.
The transaction is expected to close late in this current calendar quarter, or early in the next one.
The acquisition of Celcite aims to build upon and enhance the value of Amdocs’ earlier acquisition of Actix, and demonstrates Amdocs’ continued commitment to its network software and services strategy. By combining Actix’s market leading products with Celcite’s comprehensive self-optimizing network services and capabilities, Amdocs will be able to offer service providers comprehensive, equipment-
–
In addition, Amdocs states it will be able to expand its product portfolio with quality-of-service focused, geo-located network data that will drive a variety of optimization use cases for their customers.
The Celcite acquisition will position Amdocs as the first supplier to offer customer experience-driven network optimization software and services based on a holistic view of the customer experience across all domains.
“Amdocs customers must optimize their networks to handle the data explosion and reduce associated costs, ” said Rebecca Prudhomme, Vice President of product and solutions marketing at Amdocs.
“One of their largest pain-points is dealing with issues that arise within the radio network, which are typically responsible for a large percentage of all customer satisfaction and churn problems.”
“The acquisition of Celcite will enable Amdocs to better offer our customers solutions for the management and radio access network optimization of all mobile networks, including 2G, 3G, LTE and small cells to maximize the return from their network assets.”
The corporate goal is clearly for Amdocs, Actix and Celcite to be able to provide communication service providers globally with a complete range of product-led services, to better optimize their hybrid mobile networks. This will include solutions that can accelerate the rollout of existing networks and new network deployments such as LTE, Wi Fi and small cells. These solutions will be agnostic to the manufacturers of their network equipment and components.
“Together, Amdocs, Celcite and Actix will emerge as the preferred provider of network management and self optimizing network solutions to service providers worldwide, ” said Rahul Sharma, founder and chief executive officer at Celcite.
“With the combination of our people, assets, and product/services expertise, we will offer unmatched end-to-end offerings to relieve customers’ core network challenges, including capacity and rollout, and help them tie the customer experience to the network in real-time.”
About Celcite
Founded in 2003, and based in Herndon Virginia, Celcite’s solutions are deployed at numerous mobile service providers. In addition to product and solution synergies, Amdocs and Celcite share several top tier customers.
Celcite offers a centralized, intelligent operating support system that lies at the heart of its’ self-optimizing network technologies, providing a wide variety of strategic capabilities – such as geo-location and intelligent automatic correlation systems – to reliably deliver network automation.
About Amdocs
For more than 30 years Amdocs, founded in Israel and today with world headquarters located in Chesterfield a suburb of St. Louis Missouri, has ensured service providers’ success and embraced their biggest challenges. Amdocs supplies business and operating support systems, and a network control product portfolio, together with value-driven professional services and managed services operations.
With revenue of $3.2 billion in fiscal 2012, Amdocs and its 20, 000 employees serve customers in more than 60 countries around the world.
–
