Amdocs completed the acquisition of Sourced for $75m.

Amdocs, a provider of software and services to communications and media companies, completed the acquisition of Sourced, a global technology consultancy specializing in large-scale cloud transformations, for $75m. "We are delighted the innovative Sourced team is joining Amdocs. We are proud to bring such great professionals and practices to our industry and look forward to working with their wide-reaching customer base in North America, Asia-Pacific and Australia. This acquisition is part of our wider cross-company investment in the cloud and will further solidify our leadership in this domain as we accelerate our strategy to take the communications and media industry to the cloud," Shuky Sheffer, Amdocs President and CEO.