Subex Azure Ltd., which provides revenue maximization platforms for telecom operators, said Thursday it will acquire Canadian-based OSS provider Syndesis Ltd. for $164.5 million in cash.
This is the second large acquisition for the company in less than a year as Subex Systems Ltd. and Azure Solutions Ltd. came together in a $140 million merger last spring.
Once the deal is complete, which is expected to be by March 31, Subex Azure will reorganize itself into three business units. Subex Azure, excluding business from British Telecom, will form the Revenue Mazimization Solutions division; Syndesis will be the Fulfillment and Assurance Solutions arm; and current Subex Azure business from British Telecom will form the BT Business unit.
They all will operate independently, with their own plans, account managers domain experts and support specialists, Subex Azure said.
Subex Azure Ltd. www.subexazure.com
Syndesis Ltd. www.syndesis.com
#UCaaS and #CCaaS are on fire among MSPs, notes @my_ARG. dlvr.it/RDDsbK
September 16 2019 @ 21:45:01 UTC
.@ViasatInc is giving its master agent partners a new sales opportunity. @telarus @intelisyscorp @tbimasteragent… twitter.com/i/web/status/1…
September 16 2019 @ 20:32:02 UTC
.@inContact #channelchief Geoff Chretien talks channel success in #TopGun51 profile. dlvr.it/RDDVzB
September 16 2019 @ 19:34:02 UTC
.@nutanix hires @JuniperNetworks exec as new Americas channel chief. #hybridcloud dlvr.it/RD3Lyw
September 13 2019 @ 19:41:32 UTC
.@Windstream channelchief @curtallen14 gives update on #bankruptcy and partner opportunities. dlvr.it/RD3Bpx
September 13 2019 @ 18:49:03 UTC
.@symantec laying off workers in California as part of restructuring. #cybersecurity dlvr.it/RD2sDs
September 13 2019 @ 17:06:02 UTC
.@DantesIDownload @Speakap @Vendasta and @SensoriumIoT face the sharks at #CPEvolution. dlvr.it/RD2Wnw
September 13 2019 @ 15:29:01 UTC
Use data insights to increase annual growth and improve ROI, say @channelsmart and @360insights. dlvr.it/RCzTtj
September 12 2019 @ 18:33:32 UTC
