ST. LOUIS -- Amdocs (NYSE: DOX), the leading provider of customer experience systems, today has announced the acquisition of jNetX, a privately-held service delivery platform (SDP) provider, for $50 million net of debt and cash, subject to post closing adjustments. 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. For perspective, the SDP market is estimated to grow at a 14% CAGR to $6 billion by 2013 according to a leading industry analyst firm. (Analysys Mason, August 2009).
Today, service providers are seeking to transition their businesses from predominantly subscription-based access services to include rich content, applications, and other next-generation offerings. The combination of Amdocs and jNetX products will allow service providers to expose both telecom and IP components in the network to offer convergent network, IT and web based services to all of their customers. This approach will benefit customers by enabling faster time-to-market and the monetization of next-generation services, and will differentiate Amdocs from most other SDP vendors, who support next generation services solely on IP-based networks.
"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."