Comverse, a subsidiary of Comverse Technology, has signed a definitive agreement to acquire privately-held Netonomy for approximately US$19mn in cash. Netonomy, a leader in customer self-service, bill analysis and point of sale (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, analyse and pay bills using virtually any communication device. Netonomy customers include Bouygues Telecom, several Orange operators, T-Mobile UK, Telstra and Vodafone UK.
www.comverse.com