Light Reading
Acquisition will shore up Amdocs's international cable market footprint and strengthen its link to Comcast

Amdocs Provisions $45M for JacobsRimell

Jeff Baumgartner
LR Cable News Analysis
Jeff Baumgartner
4/8/2008
50%
50%

Amdocs Ltd. (NYSE: DOX) will solidify its presence in the cable broadband sector after putting up $45 million for privately held OSS and provisioning specialist JacobsRimell Ltd.

The deal will solidify Amdocs's business ties to Comcast Corp. (Nasdaq: CMCSA, CMCSK), as both firms have deployment deals with the largest U.S. cable MSO. (See Comcast Teams With Amdocs, Ventyx.) JacobsRimell officially became Comcast's provisioning provider in June 2004. At the time, the MSO also agreed to make a $5 million "strategic investment" in the software vendor.

"JacobsRimell's components are an integral part of Comcast's provisioning infrastructure, supporting new Comcast product introductions," said Comcast chief information officer Andy Baer, in a statement.

Other broadband service providers or cable operators in JacobsRimell's customer stable include UPC Cablecom of Switzerland, Get of Norway, Virgin Media Inc. (Nasdaq: VMED) in the U.K., UPC Broadband , and Cable and Wireless plc (NYSE: CWP). Overall, JacobsRimell claims its OSS technology supports more than 24 million multi-service subscribers in 15 countries. Amdocs did not disclose revenue figures for JacobsRimell.

Adding JacobsRimell's customers and its approximately 100 employees to the fold will mark the latest in a string of acquisitions, which has enabled Amdocs to shore up its cable market share in the areas of provisioning, billing, and customer care.

Amdocs agreed to buy DST Systems Inc. and its cable and satellite billing and customer care systems business, DST Innovis, in July 2005 for $235 million. (See Amdocs Buys Into Cable.) A year later, Amdocs signed a $375 million deal to pick up Cramer Systems. (See Amdocs Snaps Up Cramer.)

Amdocs says this combination of acquisitions enables it to support both business support systems (BSS) and OSS for the broadband cable sector, giving it a "complete order-to-cash" platform.

The merger will also apply added competitive pressure on other OSS and billing firms with skin in the cable game, including CSG Systems International Inc. (Nasdaq: CSGS) and Convergys Corp. (NYSE: CVG).

Amdocs, which pulled in $2.84 billion in revenues for fiscal 2007, said the purchase is expected to be neutral in fiscal 2008 on a non-GAAP earnings-per-share basis. Amdocs shares were up 53 cents (1.9%) to $28.48 each in late-day trading Tuesday.

London-based JacobsRimell was founded in 1997 by former Reuters execs David Jacobs and Phil Rimell, who are the company's chief technology officer and chief architect, respectively. Its U.S. headquarters is in Cambridge, Mass.

— Jeff Baumgartner, Site Editor, Cable Digital News

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Flash Poll
LRTV Huawei Video Resource Center
IHS Analyst Discusses eLTE at CCW 2014

9|10|14   |   7:09   |   (0) comments


Thomas Lynch, associate director of critical communications at IHS Technology, talks about broadband in critical communications.
LRTV Huawei Video Resource Center
TCAA on Huawei eLTE: A Broadband Solution for Mission-Critical Communications

9|10|14   |   2:29   |   (0) comments


At CCW2014 in Singapore, the TCCA's Phil Kidner talks about the importance of broadband data for critical communications.
LRTV Custom TV
Spotlight on Cisco: SDN for Optical Networks

9|8|14   |   9:27   |   (0) comments


Cisco's Greg Nehib talks OpenFlow and more on the 'Software-Defined Networking for Optical Networks' panel at the Big Telecom Event in June 2014.
LRTV Custom TV
Cisco's Evolved Programmable Network (EPN)

9|8|14   |   4:05   |   (0) comments


A look at the various demos Cisco showed at Light Reading's Big Telecom Event highlighting Cisco's EPN innovation and how SDN and NFV technologies are enabling a variety of new services.
LRTV Huawei Video Resource Center
The Future of Ultra-Broadband, With Kevin Kelly (UBBF2014)

9|5|14   |   1:13   |   (0) comments


If you think the technological changes we've seen up to now are astounding, just wait until you see what the future has in store. Discuss upcoming breakthroughs with Kevin Kelly, Founding Executive Editor of Wired Magazine, at the Huawei Ultra-Broadband Forum on September 24.
LRTV Huawei Video Resource Center
The Inaugural Optical Innovation Forum in Nice

9|2|14   |     |   (0) comments


More than 170 attendees from network operators, service providers, analyst firms, and component companies from around the world convened in Nice in June for the inaugural Optical Innovation Forum, co-produced by Huawei and Light Reading.
Wagner’s Ring
Data Centers Drive Telcos Into the Future

8|28|14   |   2:20   |   (2) comments


Data centers are at the heart of key trends driving telecom -- network virtualization, the drive for increased agility, and the need to compete with OTT providers.
LRTV Custom TV
Why SPs Should Consider Cisco's EPN

8|27|14   |   5:40   |   (0) comments


Sultan Dawood from Cisco discusses Cisco's EPN, which enables SPs to build agile and programmable networks delivering new network virtualized services using Cisco's Evolved Services Platform (ESP).
LRTV Huawei Video Resource Center
Huawei’s Showcase @ Big Telecom Event 2014

8|26|14   |   2.56   |   (0) comments


SoftCOM is Huawei's framework for telecom business and network transformation. Haofei Liu, Solution Marketing Manager, Carrier Business Group, Huawei, showcases Huawei's SoftCOM architecture in this video.
LRTV Huawei Video Resource Center
Huawei @ BTE 2014: Director of Integrated Solutions on SoftCOM & NFV Monetization

8|26|14   |   4.43   |   (0) comments


Libin Dai, Director of Integrated Solutions, Carrier Business Group, discusses Huawei's SoftCOM and NFV monetization. Huawei believes that NFV monetization should be service-driven rather than network-driven, and that operators should have network transformation, service transformation and a compatible and collaborative ecosystem in place in order to deploy NFV.
LRTV Huawei Video Resource Center
Huawei @ BTE 2014: Director of US NFV Lab on CloudEdge & the Future of NFV

8|26|14   |   4.06   |   (0) comments


Sean Chen, Director of US NFV Lab at Huawei, discusses Huawei's new approach to NFV in open collaboration. Huawei believes that through Proof of Concept tests, it could help operators learn and communicate with the industry more effectively. Sean believes that successful implementation of NFV should have its values reaching to end users and discusses how Huawei's ...
LRTV Huawei Video Resource Center
Huawei's Highlights @ Big Telecom Event 2014

8|26|14   |   3.34   |   (0) comments


At the Big Telecom Event in Chicago Huawei showcases its high-level strategy, the SoftCOM architecture, which helps operators reduce the cost of ownership of their network infrastructure and generate additional revenue in the ICT service environment. Huawei showcases over 30 pilot programs from across the globe, focusing on the industry-leading commercial ...
Upcoming Live Events!!
September 23, 2014, Denver, CO
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
A survey conducted by Vasona Networks suggests that 72% of mobile users expect good performance all the time, and they'll blame the network operator when it's not up to par.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
Introducing 'The New IP'
Steve Saunders, CEO and founder, Light Reading, 9/11/2014
Glimpsing the Self-Driving Car
Dan Jones, Mobile Editor, 9/12/2014
AT&T to Launch WiFi Calling in 2015
Sarah Reedy, Senior Editor, 9/12/2014
AT&T: We'll Bundle Fixed Wireless & DirecTV
Mari Silbey, Independent Technology Editor, 9/15/2014
Analyzing Apple & VoLTE
Gabriel Brown, Senior Analyst, Heavy Reading, 9/12/2014
Like Us on Facebook
Twitter Feed