Tech Company M&A Transactions
XACCT Technologies Acquisition
XACCT Technologies, operating out of Santa Clara, was acquired by Amdocs. The transaction price was $29.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/22/2003
Transaction Type
M&A
Amount
$29,500,000
M&A Terms
Amdocs will acquire XACCT's outstanding shares for approximately $29.5 million, subject to certain adjustments, of which approximately $13.5 million will be paid in cash and the balance in Amdocs Ordinary Shares.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2900 Lakeside Dr. 100
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Not Recorded
Overview
The company's Network to Business (N2B) Platform collects detailed network usage data, which corporate network operators and telecom and Internet service providers use for billing, traffic planning, usage audits, and user profiling. The company's XACCTusage software lets network operators activate and manage users' systems in real time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Gries
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Prev: 12/22/2003: Skylight Healthcare Systems venture capital transaction
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