The Online Investor
Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Mon., Nov. 30, 12:34 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #80. Amdocs Actix

Acquirer: Amdocs (NASDAQ:DOX)
Acquiree: Actix
Details: Amdocs (NYSE: DOX), the leading provider of customer experience systems and services, today announced it has entered into a definitive agreement to acquire privately-held Actix for approximately $120 million in cash, subject to customary closing conditions. This acquisition expands Amdocs' customer experience portfolio further into the network domain to manage customer experience across both networks and IT. The Boards of Directors of Actix and Amdocs have approved the transaction which, subject to the satisfaction of the conditions to closing, is expected to be completed by the end of September.

Amdocs is a holding company. Through its subsidiaries, Co. provides software and services for communications, Pay TV, entertainment and media industry and service providers. Co.'s offerings are based on a product and services mix, using technologies and methodologies such as cloud, microservices, DevOps, open source, bimodal operations, Site Reliability Engineering and automation through standard information technology tools, open APIs and artificial intelligence. As part of amdocsONE, Co. provides services which include systems integration services, managed services, engineering services, data and intelligence services, cloud services, digital business operations and consulting services.

DOX SEC Filing Email Alerts Service


Open the DOX Page at The Online Investor »

Company Name: 
Amdocs Ltd.
Website: 
www.amdocs.com
Sector: 
Application Software
Number of ETFs Holding DOX: 
33
Total Market Value Held by ETFs: 
$216.80M
Total Market Capitalization: 
$8.89B
% of Market Cap. Held by ETFs: 
2.44%
 

Open the DOX Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Strong Buy (3.67 out of 4)
69th percentile
(ranked higher than approx. 69% of all stocks covered)

Analysts' Target Price:
DOX Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Information Technology Services M&A - Slide 80 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.