Amdocs completes SigValue acquisition

Amdocs has completed its acquisition of SigValue Technologies, a provider of an integrated billing, customer care, and service control platform designed for service providers in high-growth emerging markets worldwide.


With previous ownership of approximately 14% of SigValue's outstanding capital stock, Amdocs has purchased all of SigValue's remaining share capital for approximately $54 million in cash, net of cash on hand. 


According to Amdocs, with SigValue, it can now provide solutions that connect directly to service providers' networks, and address the needs of providers in markets that are in the earliest stages of development as well as those that have the most advanced and sophisticated requirements in the world.