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India's Subex Systems completes merger with UK-based Azure Solutions
June 26, 2006
BANGALORE, India -- Subex Systems Limited, the Bangalore-headquartered telecom software product company and UK-headquartered Azure Solutions Limited today announced the completion of their previously announced merger. The new entity is called Subex Azure Limited and it enjoys a global leadership position in telecom fraud management and revenue assurance.
"This merger is a big step in augmenting Subex Azure's strategic business focus to help telcos establish the Revenue Operations Center (ROC) through an integrated suite of best-of-class solutions. The successful closure of this merger represents exciting opportunities for our customers as the combined entity offers an integrated and synergistic value proposition hitherto unrivalled in our space," said Mr. Subash Menon, founder chairman, managing director & CEO, Subex Azure Limited.
Subex Ltd.
Azure Solutions Inc.
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