Oppenheimer Reiterates Outperform as Amdocs (DOX) Announces Acquisition Closures

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Go back to Oppenheimer Reiterates Outperform as Amdocs (DOX) Announces Acquisition Closures

Amdocs Acquires Three Leading Technology Companies to Expand Digital Offering

September 14, 2016 7:00 AM EDT

ST. LOUIS, Sept. 14, 2016 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), the leading provider of customer experience solutions, today announced it has closed the acquisition of three privately owned companies Vindicia, Brite:Bill and Pontis in line with the companys digital strategy.

Communication and media service providers, including those with over-the-top offerings, are transforming to capture the world of on-demand services and digital immediacy. When combined with business-driven analytics behind the scenes, this ensures a simplified, intuitive and engaging customer experience, said Eli Gelman, Amdocs Management Limited president and CEO.

These acquisitions, alongside Amdocs existing... More