Amdocs acquires Cramer Systems
Just a day before Amdocs plans to report financial results for its fiscal third quarter of 2006, the billing and order management company has announced it is acquiring Cramer Systems Group for about $375 million.
The deal is expected to close during Amdocs’ fiscal fourth quarter, and will be paid for in cash, net of cash on hand, subject to post-closing adjustments, according to Amdocs. The two companies have worked together in the past, and the acquisition will combine Amdocs’ billing, order management and other operations support system and business support system solutions with Cramer’s OSS solutions, including network resource management, activation, auto-discovery and flow-through provisioning.
Dov Baharav, chief executive officer of Amdocs Management Ltd., said on a webcast late Tuesday afternoon that the acquisition will allow Amdocs to completely automate service fulfilment on an end-to-end basis, “across all lines of business”--for any service, on any network--linking order management at the customer layer with activation at the network layer.”
He added, “Carriers are transforming their OSS infrastructure to accomplish this. OSS is an area that we had already identified for strategic expansion. We were in OSS before, but in a much smaller way.”
Cramer will become a new division within Amdocs, which will be the centerpiece of Amdocs’ OSS strategy and activities. Cramer’s current management will continue to lead the business.
Guy Dubois, Cramer’s president and CEO, said the deal could “redefine the OSS industry.” He might not be far off, as the acquisition of Cramer puts Amdocs more on par with the functions and OSS transformation capabilities of Telcordia, the company OSS Observer earlier this year ranked as the market leader in several OSS categories.
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