Electronics Production |
Comverse acquires Netcentrex
Telecom solutions provider Comverse Technology acquires the French IP specialist Netcentrex for $164 million in cash.
Comverse offers value-added multimedia messaging and converged billing solutions and Netcentrex offers IP-based solutions (namely VoIP) and fixed-mobile convergence solutions which reportedly have been delivered to among others AOL Germany, Fastweb, France Telecom and Tiscali.
The deal is expected to be closed by July 1.