Amdocs - a worldwide software and services provider

Stocks_Pedia
2023-02-05

Hey, this is Stock_Pedia.

I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I’m going to introduce is Amdocs Limited$Amdocs(DOX)$ .

It went public in 2014, and began trading on NASDAQ under the ticker symbol "DOX".

[Company Profile]

Amdocs is a multinational corporation that was founded in Israel and currently headquartered in Chesterfield, Missouri, with support and development centers located worldwide. Amdocs Limited was founded in 1988.

Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. Its only segment being designed, develop, market, support, implement, and operate its open and modular cloud offering.

The company offers business support systems, operational support systems, and managed services. Amdocs also develops software for mobile financial services and advertising and media solutions. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.

[History & Events]

In 1982, Amdocs was founded in 1982 in Israel as an offshoot of Golden Pages, the Israeli phone directory company.

In 1985, Southwestern Bell Corporation acquired a 50 percent ownership share of Aurec Information & Directory Systems, and its name was changed to Amdocs.

In 1998, Amdocs went public on the New York Stock Exchange.

In 2014, Amdocs moved to the NASDAQ Global Select Market.

In 1999, Amdocs entered the managed services space with the acquisition of ITDS.

In 2001, Amdocs acquired software firm Clarify for $200 million.

In 2005, Amdocs acquired billing and CRM provider DST Innovis for $238 million.

In 2006, Amdocs acquired Cramer Systems.

In 2007, Amdocs acquired Israeli startup SigValue for $85 million.

In 2008, Amdocs acquired Irish software company Changing Worlds for $60 million.

In 2010, Amdocs acquired MX Telecom for $104 million.

In 2011, Amdocs acquired Bridgewater Systems.

In 2013, The company acquired Celcite for $129 million and Actix.

In 2015, Amdocs acquired a majority of Comverse BSS for $272 million.

In 2016, Amdocs acquired Silicon Valley based Vindicia, Tel Aviv-based company Pontis, and Irish software company Brite:Bill.

In 2017, Amdocs acquired Kenzan Media.

In 2018, Amdocs acquired projekt202,Vubiquity and Canadian company UXP Systems.

In 2020, Amdocs acquired Openet Telecom Inc., a provider of 5G charging, policy and cloud technologies.

In 2022, Amdocs acquired the UK-headquartered SaaS-based cloud network and service assurance solutions for communications service providers, MYCOM OSI for US$188 million.

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