Press release
cVidya Networks to Showcase its Extended Solution Portfolio at Mobile World Congress in Barcelona
With the acquisition of Ectel, product portfolio is now extended to cover fraud management and marketing analytics solutionsLondon, UK, February 10, 2010 – cVidya Networks, (cvidya.com) a global leader and innovative provider of Revenue Intelligence solutions for communication media and entertainment service providers, announced today that it will be showcasing their extended product portfolio at Mobile World Congress in Barcelona. Upon the acquisition of Ectel the company product portfolio is now extended to cover fraud management and marketing analytics solutions. cVidya will be exhibiting in Hall 4 level 1, stand 4.1HS01 at the IMA Premium Meeting Pavilion.
Recently, cVidya has completed the acquisition of ECtel LTD., a leading provider of Revenue Management solutions for communication service providers, in a cash transaction amounting to $21 million. The acquisition of ECtel positions cVidya as the leading global vendor in the Revenue Management solutions, in terms of market share, revenues, installed base and product portfolio. Bringing ECtel into the family not only adds fraud management and product profitability analytics into the mix, it also boosts the scale of the business, making cVidya a one-stop shop for revenue intelligence solutions," said Dan Baker, Research Director at Technology Research Institute (TRI).
"With the addition of fraud management and marketing analytics solutions to our product portfolio, cVidya is positioned as the global leader and the largest provider of Integrated Revenue Intelligence solutions for communication, media and entertainment service provider," said Alon Aginsky, President, CEO and Founder of cVidya. "With the acquisition of ECTel we are now servicing 132 telecom and media customers worldwide and employing 300 professionals in 18 global locations".
cVidya is a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers.
cVidya’s Integrated Revenue Intelligence Solutions (IRIS®) product portfolio helps operators maximize their margins, improve their customer experience and optimize eco-system relationships through Revenue Assurance, Fraud and Risk Management, Dealer Management, Marketing Analytics applications and Clearing House Services. cVidya’s customers include: British Telecom, Telefonica Group, Vodafone Germany, AT&T, Bell Canada, O2 UK, MTN South Africa, , Swisscom, Telecom Italia, China Telecom, and more. cVidya is backed by leading investors including Battery Ventures, Carmel Ventures, Hyperion, Stage One, STAR Ventures, and Plenus. For more information visit www.cvidya.com
NCSM Strategic Marketing
P.O.Box 8112
Jerusalem 91080
Israel
Tel: 972-2-5637527
Fax: 972-2-5667449
info@ncsm.co.il
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