Light Reading

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        ADD A COMMENT
Flash Poll
From The Founder
Anshul Sadana answers questions from Steve Saunders, Light Reading's founder and CEO, about Arista's CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
Live Streaming Video
CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
LRTV Huawei Video Resource Center
Huawei ONS Product Demo

8|3|15   |   6:01   |   (0) comments


Huawei shows at Open Networking Summit 2015 in Santa Clara how its SDN and NFV solutions embrace openness.
LRTV Custom TV
End-User or Enterprise Benefits to the New IP

7|30|15   |   04:27   |   (1) comment


Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
LRTV Custom TV
Network Visibility & the New IP

7|30|15   |   02:23   |   (0) comments


Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
Between the CEOs
Video Exclusive With Basil Alwan, Alcatel-Lucent

7|24|15   |   26:44   |   (5) comments


Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
LRTV Custom TV
VDF: Enable the Financial With Mobile Money

7|20|15   |   06:53   |   (0) comments


Ian Ravenscroft discusses how operators can expand to occupy the entire digital services value chain through service innovation.
LRTV Custom TV
Telefónica on OSS Transformation

7|20|15   |   06:01   |   (0) comments


Jose Gonzales discusses the details of Telefónica's operation transformation program.
LRTV Custom TV
Judi Achmadi on Huawei's Cloud Storage Solution

7|20|15   |   03:33   |   (0) comments


Judi discusses the key business goals of TelekomSigma's public cloud service and how Huawei's solution helps them address challenges.
LRTV Custom TV
KPN Enlightening Digital Business & IT Transformation

7|20|15   |   06:19   |   (0) comments


Rob de Beer discusses the changes that operators need to make with service innovation now coming from the Internet world.
LRTV Custom TV
Stratus Telco-Grade Cloud Solutions & NFV

7|20|15   |   07:34   |   (0) comments


Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
LRTV Documentaries
The Six Million Dollar Business Man

7|20|15   |   01:52   |   (0) comments


Steve Saunders, publisher. A man barely alive after an acquisition malfunction imploded the company he founded. Gentlemen, we can rebuild Light Reading. Better, faster, stronger.
Between the CEOs
CEO Chat With Anukool Lakhina, Guavus

7|20|15   |   38:51   |   (1) comment


Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
LRTV Custom TV
IBM's Flash Storage With Intel QuickAssist

7|20|15   |   03:18   |   (0) comments


Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
Upcoming Live Events
September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
November 5, 2015, Hilton Santa Clara, Santa Clara, CA
November 17, 2015, Santa Clara, California
December 1, 2015, The Westin Times Square, New York City
All Upcoming Live Events
Infographics
To keep up with consumers' increasing digital lifestyles, an IT system and operating model overhaul is required using a modern BSS, IES and analytics.
Hot Topics
FCC Plan Could Stymie Rural Broadband
Carol Wilson, Editor-at-large, 8/3/2015
Eurobites: Nokia Seals HERE Sale
Paul Rainford, Assistant Editor, Europe, 8/3/2015
Verizon Small Cells Ready to Rock in Chicago
Sarah Thomas, Editorial Operations Director, 7/31/2015
Like Us on Facebook
Twitter Feed
September 22, 2015
Media Begins With “Me”
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
I was pleasantly surprised when Ericsson recently agreed to let me interview its CEO, Hans Vestberg. Traditionally, mega-companies like Ericsson (or Cisco) have kept ...
Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
Cats with Phones
Comes With Free Phone Stand Click Here
Who says cats don't have any skills?