Comverse Technology Inc. (Nasdaq: CMVT) has agreed to acquire Netcentrex SA, a French provider of network-based software-enabling voice-video-data and fixed-mobile convergence solutions to service providers.
The deal is valued at approximately $164 million in cash, plus up to an additional $16 million in milestone payments.
Netcentrex has raised VC funding from firms like CDC Entreprises Innovation, Innovacom, Crescendo Ventures, Newbury Ventures, T-Venture, VPSA and Intel Capital.
Great to see the update on telecom M & A. Seems like Oracle has been doing a lot of M & A in telecom also. What are your thoughts on Portal Software and Net4Call deals?
Posted by: CompanyCounselor | April 28, 2006 at 09:46 PM