Comverse buys Netcentrex
Comverse is getting into the VoIP game, announcing today it closed on the acquisition of privately held Netcentrex, a European IP voice, video and data software provider.
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Paying $159 million in cash, Comverse will add Netcentrex’s 50 service provider customers and roughly $50 million in revenues to its communications and billing businesses. Comverse officials said the acquisition would add new avenues of growth for the applications vendors, giving it a critical bridge into the VoIP space and augment its IP multimedia subsystem (IMS) and fixed/mobile convergence portfolios.
Netcentrex’s core product is an applications server that delivers IP Centrex, Class 5 switching and video services to three million active lines in Europe. Among its customers are AOL Germany, Comunitel, Fastweb, France Telecom, Telefonica Deutschland and Tiscali.
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