Amdocs acquires Actix for $120 Million in Cash
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Intending to expand its customer experience portfolio further in the network domain to manage customer experience across both networks and IT, Amdocs(NYSE:DOX) has announced signing a definitive agreement to acquire privately-held Actix for approximately $120 million in cash , subject to customary closing conditions. This acquisition expands Amdocs' customer experience portfolio further in the network domain to manage customer experience across both networks and IT. The Boards of Directors of Actix and Amdocs have approved the transaction which is expected to be completed by the end of September. With the acquisition of Actix, the leading independent software provider of mobile network optimization solutions, Amdocs will be expanding its CES (Customer Experience Systems) portfolio with geo-located network data that will drive a variety of optimization use cases. Rebecca Prudhomme, Vice-President of Product and Solutions...