Amdocs buys MX Telecom for $104m - Details
Here’s some more information on the MX Telecom purchase by Amdocs:
Congratulations everyone at MX Telecom!Amdocs today announced that it has acquired UK-based MX Telecom Ltd at CTIA Wireless 2010. Key highlights include:
Under the terms of the agreement, Amdocs has acquired MX Telecom for approximately $104 million USD in cash, net of debt and cash. MX Telecom will become part of Amdocs’ OpenMarket, a business of Amdocs that operates a market leading mobile transaction hub. The joint OpenMarket MX Telecom business will provide a hosted platform to extend mobile payment and messaging capabilities through an integrated network and product portfolio.
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