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Announced

Completed

Amdocs completed the acquisition of Openet for $180m.

Financials

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Transaction Value£137m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software design

Ireland

Software

Completed

Private

software vendor

Acquisition

Single Bidder

Friendly

software solutions

Private Equity

Cross Border

Synopsis

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Amdocs, a provider of software and services to communications and media companies, completed the acquisition of Openet, a software vendor, for $180m. “We are excited to join Amdocs, with whom we have been alongside at customers for many years, and help bring fast value to service providers’ 5G plans. It is truly a momentous day for Openet and for all of our stakeholders,” Niall Norton, Openet CEO.

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