Vindicia, a Subscription Billing Company, is Acquired by Amdocs

Redwood CIty, CA, September 18, 2016 --(PR.com)-- Amdocs, the leading provider of customer experience solutions, announced it has closed the acquisition of three privately owned companies – Vindicia, Brite:Bill and Pontis – in line with the company's digital strategy.

"Communication and media service providers, including those with over-the-top offerings, are transforming to capture the world of on-demand services and digital immediacy. When combined with business-driven analytics behind the scenes, this ensures a simplified, intuitive and engaging customer experience," said Eli Gelman, Amdocs Management Limited president and CEO.

"These acquisitions, alongside Amdocs' existing platforms which include multi-channel, digital care and commerce, customer management and big data analytics solutions, position Amdocs as the market leader to help communication and media providers on their journey. I am excited by these companies joining Amdocs, as their cloud-based technologies will augment Amdocs' rich offering and shorten our time to market," Gelman continued.

Vindicia is a market-leading provider of software-as-a-service (SaaS) subscription management and payment solutions. Vindicia makes it easy, flexible and frictionless for digital enterprises to onboard customers and process payments for digital content, over-the-top (OTT) entertainment, online subscriptions and on-demand services. Utilizing cloud-based operations for greater business agility, Vindicia's ultra-fast time to market allows customers to easily experiment with various service offerings and pricing schemes to quickly introduce offers and attract new users. In addition, Vindicia's advanced retention capabilities reduce user churn and increase top-line revenue for online service providers.

Read complete article here: http://www.amdocs.com/news/pages/amdocs-acquires-three-leading-technology-companies-to-expand-digital-offering.aspx