News Articles

Tuesday, March 23, 2010

MX Telecom acquired by Amdocs for $104 million

Amdocs, which describes itself as a leading provider of customer experience systems, has acquired UK-based mobile payments and messaging aggregator MX Telecom for approximately $104 million (£69 million)

MX Telecom will become part of Amdocs' OpenMarket business, extending the organisation's global footprint.

Alex Moir, Managing Director of MX Telecom, said "We are delighted to be joining forces with OpenMarket. OpenMarket's mobile payments platform is highly synergistic with MX Telecom. This acquisition will enable the combined organization to better serve our customers and accelerate our global growth plans. Our employees are proud of what MX Telecom has accomplished, and we look forward to continuing to shape the industry as part of the OpenMarket team."

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 1992

Tags:

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2024»
MonTueWedThuFriSatSun
26272829123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive

Terms Of Use | Privacy Statement