Amdocs, Tuesday announced it has closed the acquisition of three privately owned companies – Brite:Bill, Vindicia, and Pontis - for $260 million to advance digital strategy. Together, these acquisitions are expected to contribute 1.5% to 2.0% to total company revenue for the full fiscal year 2017.
Dublin-based Brite:Bill which was founded in 2010 has close to 100 employees. The company turns customer bills into a unique, customer-centric engagement channel and transforms invoices into a personalized, digital, interactive billing experience in the channel of the customer's choice.
Vindicia is a market-leading provider of software-as-a-service (SaaS) subscription management and payment solutions. Vindicia makes it easy, flexible and frictionless for digital enterprises to onboard customers and process payments for digital content, over-the-top (OTT) entertainment, online subscriptions and on-demand services.
Pontis, a leading provider of contextual digital engagement solutions enables service providers to offer their customers personalized contextual interactions relevant to where that individual customer is in their journey with the service provider.
Eli Gelman, Amdocs Management Limited president and CEO
Communication and media service providers, including those with over-the-top offerings, are transforming to capture the world of on-demand services and digital immediacy. When combined with business-driven analytics behind the scenes, this ensures a simplified, intuitive and engaging customer experience. These acquisitions, alongside Amdocs' existing platforms which include multi-channel, digital care and commerce, customer management and big data analytics solutions, position Amdocs as the market leader to help communication and media providers on their journey. I am excited by these companies joining Amdocs, as their cloud-based technologies will augment Amdocs' rich offering and shorten our time to market.
