Amdocs buys TEOCO Service Assurance Business for USD 90 million

Categories: Corporate and M&A, Hi-Tech

Amdocs, a leading provider of software and services to communications and media companies, will acquire the service assurance business of TEOCO for approximately USD 90 million.

Meitar advised the buyer with EBN acting for TEOCO, a leading provider of analytics, assurance and optimization solutions to over 300 communication service providers (CSPs) and OEMs worldwide.