ENGLEWOOD, Colo. -- CSG Systems (Nasdaq: CSGS - News), a leading provider of customer care and billing solutions, today announced that it has acquired Telution, Inc., a private, Chicago-based provider of Operations Support System (OSS) software that enable communications companies to bring bundled, advanced services to market quickly and effectively.

CSG Systems has signed a definitive merger agreement to acquire Telution, Inc. and its COMX solution to expand CSG's ability to support cable and satellite operators as they deliver advanced IP-based services, designed to attract and retain consumers who have begun to expect the availability of video, voice and data services over nearly any device at the time and location they choose.

CSG will integrate COMX's capabilities into CSG Advanced Convergent Platform (ACP), its existing customer-centric billing and customer care solution, accelerating its product roadmap to quickly enable operators to more easily bundle and deploy wireless, content, business services and IPTV offerings.

"As cable and satellite operators continue to introduce more complex products and services, a need has emerged for solutions that can help them manage the complexity, from both services and customer relationship standpoints," said Mike Scott, Executive Vice President of CSG Systems. "Our customers are facing a new era of tougher competition, increasing the pressure to deliver more complex combinations of video, voice and data services. CSG is evolving its solution and approach to help them compete successfully."

CSG Systems International Inc. (Nasdaq: CSGS)