Investments
9Portfolio Exits
3Partners & Customers
10About Amdocs
Amdocs provides billing and CRM to the communications industry. Amdocs specializes in customer experience software solutions and services for communications, entertainment and media service providers.
Amdocs Headquarter Location
1390 Timberlake Manor Parkway
Chesterfield, Missouri, 63017,
United States
314-212-7000
Amdocs Web Traffic
Amdocs Rank
Research containing Amdocs
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Amdocs in 1 CB Insights research brief, most recently on Nov 19, 2020.
Latest Amdocs News
May 26, 2022
Acquisition of UK SaaS-based cloud network and service assurance company designed to expand comms software and services provider’s network service assurance and monetisation offering Share this item with your network: Published: 26 May 2022 9:45 Communications software and services firm Amdocs has entered into a definitive agreement to acquire UK-based MYCOM OSI, a provider of software-as-a-service (SaaS)-based cloud network and service assurance solutions to global communications service providers (CSPs). Founded 25 years ago, MYCOM OSI offers network assurance and experience assurance systems that are designed to enable CSPs, managed service providers (MSPs) and enterprises to launch and manage 5G and enterprise services with high performance, at scale. As well as its London HQ, MYCOM OSI has offices in the US, France, the UAE, India and Singapore. It was the first service assurance supplier to offer its applications on the public cloud as a subscription-based SaaS. MYCOM OSI’s service assurance suite comprises performance management, fault management and service quality management, leveraging artificial intelligence (AI) and machine learning to detect and predict anomalies and enable intent-driven closed-loop operations through automated remediation and AIOps. The company also delivers 5G assurance applications and solutions to multiple customers with 5G networks, as well as serving wireline operator networks, which are becoming increasingly virtualised, containerised and software defined. MYCOM OSI believes its cloud-native nature can bring about business benefits such as scalability, cost and reliability, and support the converged network-cloud ecosystem. Amdocs said the acquisition is designed to expand its network portfolio to include end-to-end service and network orchestration by bringing key assurance capabilities to power the next generation of networks. Amdocs’ board of directors has approved the transaction for a consideration of about $188m in cash which, subject to satisfying the conditions to closing, is expected to be completed in the fourth quarter of fiscal 2022. Revenue from MYCOM OSI is expected to be immaterial in fiscal 2022 and will add less than 1% to total revenue on an annualised basis. Amdocs also expects the impact of the acquisition on non-GAAP diluted earnings per share to be neutral in the full fiscal years 2022 and 2023. “This is a strategic growth move that builds on our other recent successful acquisitions in the network and cloud space and executes on three of our core strategic pillars – intelligent network automation, 5G and cloud,” said Amdocs president and chief executive officer Shuky Sheffer. “As the network and services of the 5G era become increasingly dynamic and complex, a holistic, end-to-end approach is key and can only be achieved with a powerful AI-backed assurance solution suite. That’s why we’re so excited to welcome the highly talented and dedicated MYCOM OSI team to Amdocs.” MYCOM OSI chief executive officer Andrew Coll added: “MYCOM OSI has a track record of continuous innovation and helping service providers around the world predict and resolve network problems before they impact customers, while reducing operational costs through automation and AI. “We’re excited to be embarking on the next chapter of our company story as part of the Amdocs family as we bring our combined expertise together under one roof. At a time of rapid transformation in the communications sector, the combined scale and deep domain expertise will create a unique and broad range of complementary and innovative solutions, such as closed-loop automation to help service providers in deploying 5G networks and services at scale.” Read more about 5G Israeli enterprise LTE/5G services provider Pente teams with incumbent Spanish telco Telefónica to simplify 5G edge transformation for enterprises and “democratise” the delivery of advanced industry transformation through a managed edge-based 5G cloud service. Prepare for a smart robot revolution Digitising customer engagement
Amdocs Investments
9 Investments
Amdocs has made 9 investments. Their latest investment was in Neural Magic as part of their Series A on October 10, 2021.
Amdocs Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/5/2021 | Series A | Neural Magic | $30M | No | 10 | |
3/3/2021 | Series A | |||||
4/16/2020 | Series B | |||||
3/25/2020 | Corporate Minority | |||||
11/6/2019 | Seed VC |
Date | 10/5/2021 | 3/3/2021 | 4/16/2020 | 3/25/2020 | 11/6/2019 |
---|---|---|---|---|---|
Round | Series A | Series A | Series B | Corporate Minority | Seed VC |
Company | Neural Magic | ||||
Amount | $30M | ||||
New? | No | ||||
Co-Investors | |||||
Sources | 10 |
Amdocs Portfolio Exits
3 Portfolio Exits
Amdocs has 3 portfolio exits. Their latest portfolio exit was Neura on October 05, 2021.
Amdocs Acquisitions
25 Acquisitions
Amdocs acquired 25 companies. Their latest acquisition was MYCOM OSI on May 24, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/24/2022 | Acquired | 3 | ||||
11/30/2021 | Growth Equity | $3.95M | Acquired | 1 | ||
5/12/2021 | Other Venture Capital | $17.09M | Acquired | 3 | ||
7/24/2020 | Other | |||||
8/7/2019 |
Date | 5/24/2022 | 11/30/2021 | 5/12/2021 | 7/24/2020 | 8/7/2019 |
---|---|---|---|---|---|
Investment Stage | Growth Equity | Other Venture Capital | Other | ||
Companies | |||||
Valuation | |||||
Total Funding | $3.95M | $17.09M | |||
Note | Acquired | Acquired | Acquired | ||
Sources | 3 | 1 | 3 |
Amdocs Partners & Customers
10 Partners and customers
Amdocs has 10 strategic partners and customers. Amdocs recently partnered with Worldline on May 5, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/12/2022 | Partner | France | 1 | ||
5/12/2022 | Client | Brazil | Telefônica Vivo Expands Long-Term Relationship with Amdocs to Support Their Quad-play Offering Amdocs , a leading provider of software and services to communications and media companies , today announced it extended its relationship with Telefonica Vivo to support Vivo 's quad-play offerings for an additional four years . | 1 | |
5/11/2022 | Partner | United States | `` Over the last several years , Italy has been a strategic market for Amdocs , and partnering with Fastweb is an exciting opportunity to drive future innovation in the region . '' | 2 | |
5/11/2022 | Client | ||||
5/11/2022 | Client |
Date | 5/12/2022 | 5/12/2022 | 5/11/2022 | 5/11/2022 | 5/11/2022 |
---|---|---|---|---|---|
Type | Partner | Client | Partner | Client | Client |
Business Partner | |||||
Country | France | Brazil | United States | ||
News Snippet | Telefônica Vivo Expands Long-Term Relationship with Amdocs to Support Their Quad-play Offering Amdocs , a leading provider of software and services to communications and media companies , today announced it extended its relationship with Telefonica Vivo to support Vivo 's quad-play offerings for an additional four years . | `` Over the last several years , Italy has been a strategic market for Amdocs , and partnering with Fastweb is an exciting opportunity to drive future innovation in the region . '' | |||
Sources | 1 | 1 | 2 |
Amdocs Team
45 Team Members
Amdocs has 45 team members, including current President, Avishai Sharlin.
Name | Work History | Title | Status |
---|---|---|---|
Avishai Sharlin | President | Current | |
Joe Hogan | Openet, Sun Microsystems, and Retix | Chief Technology Officer | Current |
Bruce K Anderson | Chief Executive Officer | Former | |
Eran Ofir | Somatix, NCR Corporation, Convergys, AOL, and Orange | Chief Executive Officer | Former |
Chris Stephenson | Chief Executive Officer | Former |
Name | Avishai Sharlin | Joe Hogan | Bruce K Anderson | Eran Ofir | Chris Stephenson |
---|---|---|---|---|---|
Work History | Openet, Sun Microsystems, and Retix | Somatix, NCR Corporation, Convergys, AOL, and Orange | |||
Title | President | Chief Technology Officer | Chief Executive Officer | Chief Executive Officer | Chief Executive Officer |
Status | Current | Current | Former | Former | Former |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.