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Comverse To Acquire Netcentrex for $180 Million
[April 10, 2006]

Comverse To Acquire Netcentrex for $180 Million


Editorial Director,
Internet Telephony magazine
 
 
 By Greg Galitzine
 
Comverse Technology today announced that it has signed a definitive agreement to acquire Netcentrex, for approximately $180 million. 
 
Netcentrex develops Triple Play and FMC (fixed-mobile convergence) solutions for service providers, serving the enterprise and consumer segments.
 
Comverse Technology chairman and CEO Kobi Alexander said, "We believe VoIP, FMC and IMS-based communication services are poised to grow in the coming years, and that Netcentrex is well-positioned to address many of these opportunities. Together, the two companies offer a broad portfolio that enables converged voice-video-data solutions, serving wireless, fixed, cable, MVNO and Internet-based communication service providers."


 
I reached out to Netcentrex’ Vice President of Marketing Brian Mahony this morning as the breaking news hit my desk.

 
Brian told me that the deal should be seen as a positive. “It’s a great thing for Netcentrex,” Mahony said. One only has to look at our respective product offerings to see that the two firms are very complementary. Comverse has many relationships with Tier 1 carriers, and this new combination turbocharges our growth efforts in the global markets where Netcentrex already plays.”
 
Comverse CEO Zeev Bregman said, "Netcentrex complements our product portfolio, technology, and strategic direction. Netcentrex's leading telco-grade application server, rich IP Centrex, Class 5 and video services and proven market position (with over 2.8M live VoIP lines), together with Comverse's telecom VAS and billing leadership, create a synergetic, unique VoIP, FMC and IMS offering."
 
Netcentrex is the lead sponsor of the Triple Play Symposium

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