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From the News Desk
Friday, 1. September 2006
Comverse Buys Netcentrex for USD 159 Mln in Cash
Comverse Ltd. has completed its acquisition of privately-held Netcentrex S.A., for about USD 159 million in cash, subject to certain post-closing adjustments and a contingent earnout of up to USD 16 million.
Netcentrex brings to Comverse a broad suite of software-based converged voice-video-data-over-IP solutions, supporting the consumer and enterprise offerings of about 50 service providers.
Converse, a subsidiary of Converse Technology said that the combination of Netcentrex software enabling IP-based voice-video-data and fixed-mobile convergence solutions, with its portfolio of value-added services and billing solutions, is expected to benefit operators deploying services in the VoIP and IMS IP Multimedia Subsystem domains.
For the year ended December 31, 2005, Paris-based Netcentrex generated revenues of approximately USD 50 million.
The acquisition is projected to be neutral to the company’s fiscal 2006 (year ending January 31, 2007) pro forma net income.
Netcentrex brings to Comverse a broad suite of software-based converged voice-video-data-over-IP solutions, supporting the consumer and enterprise offerings of about 50 service providers.
Converse, a subsidiary of Converse Technology said that the combination of Netcentrex software enabling IP-based voice-video-data and fixed-mobile convergence solutions, with its portfolio of value-added services and billing solutions, is expected to benefit operators deploying services in the VoIP and IMS IP Multimedia Subsystem domains.
For the year ended December 31, 2005, Paris-based Netcentrex generated revenues of approximately USD 50 million.
The acquisition is projected to be neutral to the company’s fiscal 2006 (year ending January 31, 2007) pro forma net income.
