Amdocs (DOX) to Acquire Comverse's (CNSI) BSS Assets in $272M Cash Deal
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Comverse to Divest BSS Business to Amdocs for Total Purchase Price of $272 Million
April 29, 2015 4:00 PM EDTWAKEFIELD, Mass., April 29, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq: CNSI) today announced it has reached a definitive agreement to sell substantially all of its BSS business assets to Amdocs (Nasdaq: DOX). The total purchase price is $272 million in cash. The transaction is expected to close by the end of September 2015, subject to various closing conditions.
"Size and scale in BSS are critical to succeed in today's increasingly consolidating telecommunications service... More
Comverse to Divest BSS Business to Amdocs for Total Purchase Price of $272 Million
April 29, 2015 4:00 PM EDTWAKEFIELD, Mass., April 29, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq: CNSI) today announced it has reached a definitive agreement to sell substantially all of its BSS business assets to Amdocs (Nasdaq: DOX). The total purchase price is $272 million in cash. The transaction is expected to close by the end of September 2015, subject to various closing conditions.
"Size and scale in BSS are critical to succeed in today's increasingly consolidating telecommunications service... More
Comverse Honored With Informa's 2015 Policy Control Award
April 27, 2015 7:09 AM EDTWAKEFIELD, Mass., April 27, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq: CNSI), a global leader in cloud-based and in-network services enablement and monetization software solutions for communication service providers and growing enterprises, announced today that Informa Telecoms & Media, a leading analyst firm covering the converging worlds of IT, telecoms and media, has awarded Comverse its Policy Control Award. This honor recognizes the Comverse ONE... More
Comverse Honored With Informa's 2015 Policy Control Award
April 27, 2015 7:08 AM EDTWAKEFIELD, Mass., April 27, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq: CNSI), a global leader in cloud-based and in-network services enablement and monetization software solutions for communication service providers and growing enterprises, announced today that Informa Telecoms & Media, a leading analyst firm covering the converging worlds of IT, telecoms and media, has awarded Comverse its Policy Control Award. This honor recognizes the Comverse ONE... More
