Amdocs Acquires Service Delivery Platform Provider, JNetX

­Amdocs has announced that it is buying service delivery platform (SDP) provider, jNetX for US$50 million net of debt and cash.

This acquisition accelerates Amdocs' position in the SDP market by combining jNetX's industry leading offering with Amdocs' existing customer experience solutions and service delivery capabilities

The SDP market is estimated to grow at a 14% CAGR to $6 billion by 2013, according to Analysys Mason.

"jNetX is a true innovator and has taken a different technical approach with its Java-enabled convergent service platform. This approach has provided greater value to service providers and helped jNetX achieve a strong position in the SDP marketplace," said Jim Liang, senior vice president strategy and corporate development for Amdocs. "Today's acquisition accelerates that value by not only offering a unique technological combination, but by wrapping that technology with Amdocs' deep industry knowledge and leading consulting and delivery capabilities."

In addition to the product synergies, Amdocs and jNetX share a number of top tier customers, including Vodafone, British Telecom and Mobilkom.

Posted to the site on 27th October 2009