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Info-Tech - Mergers & Acquisitions
Subex Azure buys Syndesis

Our Bureau

Bangalore April 2

Subex Azure Ltd has completed the acquisition of the Canada-based Syndesis, a provider of telecom service fulfilment solutions that enable telecom operators to create, offer and automate advanced communications services such as IPTV, VoIP, broadband and others.

Subex acquired Syndesis in an all-cash deal for $165.4 million. "This acquisition strengthens Subex Azure's leadership status in the telecom OSS space," said Mr Subash Menon, Founder Chairman, Managing Director and CEO, Subex Azure.

More Stories on : Mergers & Acquisitions | Software | Telecommunications

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