Kansys to acquire Enterprise and Cloud Billing business from Ericsson.

Kansys, a specialized BSS Integrator with over 22 years of billing experience on multiple billing platforms agreed to acquire Enterprise and Cloud Billing business from Ericsson. ECB is a charging solution primarily developed to monetize any product or service, including IoT services. Financial terms of the transaction were not disclosed. Closing is anticipated in October 2019. "ECB continues to provide unique architectural advantages that translate into the most flexible and nimble enterprise billing software in the world. This is especially true for those customers with complex monetization requirements," Arthur Koenig, Kansys CTO.