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Amdocs takes over MX Telecom

Monday 29 March 2010 11:07 CET | News

Amdocs, a provider of customer experience systems, has acquired MX Telecom, a provider of mobile payments and messaging services, for nearly USD 104 million in cash.

Following the acquisition, MX Telecom will become part of Amdocs OpenMarket business that operates a mobile transaction hub. The joint OpenMarket MX Telecom business will provide a hosted platform to extend mobile payment and messaging capabilities via an integrated network and product portfolio. OpenMarket provides a suite of payment, messaging and emerging services to meet mobile business needs.


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Keywords: Amdocs, MX Telecom, mobile payment, OpenMarket business
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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