(Wireless News via NewsEdge) US-based Comverse, a subsidiary of Comverse Technology, has signed a definitive agreement to acquire privately-held Netonomy for approximately $19 million in cash.
The firm said Netonomy, a provider of customer self-service, bill analysis and POS solutions, extends Comverse's portfolio of real-time billing and customer management solutions for communication service providers by adding additional tools to increase efficiency and enhance the end-customer experience.
Netonomy's self-service application suite allows consumers, enterprises, and retailers to activate and manage subscriptions, buy new products and services, and review, analyze and pay bills using virtually any communication device. Netonomy customers include Bouygues Telecom, several Orange operators,
T-Mobile UK, Telstra and Vodafone UK.
The acquisition is subject to a number of customary closing conditions, the company noted in a release.
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