Back to top

Analyst Blog

Amdocs Ltd. (DOX - Analyst Report), a leading provider of customer relationship management and billing software to communications service providers, has recently planned to acquire Actix International for $120 million in cash. The deal is expected to close by the end of this month.

Actix International offers mobile network optimizing technology to wireless network operators. The technology not only minimizes expenses of network operators but also enhances the experience of its end customers.

Acquisition of Actix will help Amdocs integrate its customer data and solutions with the former’s geo-located network data, thereby slashing costs by making complete use of its existing network.

Recently, the company won several major contracts, comprising two in the emerging markets of Brazil and Indonesia and one in the most economically volatile region of Europe.

Amdocs’ business opportunity in the U.S. is more visible after stabilization of businesses with AT&T Inc. (T - Analyst Report) and renewal of long-term contracts with several leading telecom and cable TV operators like Comcast Corp. (CMCSA - Analyst Report). Moreover, it has signed a 5-year global managed services agreement with Vodafone Group plc. (VOD - Analyst Report). The new deal will help the carrier to optimize its customer care and billing activities.

The company is performing well in the emerging markets of Southeast Asia and Latin America. The total order backlog was $2,830 million at the end of the third quarter of fiscal 2013.

Amdocs also bought Bridgewater which will help the company enhance its phone-billing software. This software facilitates carriers to effectively monetize their assets and deliver superior services while improving operating performance.

Amdocs currently has a Zacks Rank #3 (Hold).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SUPER MICRO… SMCI 27.00 +10.25%
CANADIAN SO… CSIQ 38.34 +8.18%
BANCO DO BR… BDORY 16.78 +8.05%
CENTURY ALU… CENX 26.97 +7.97%
WILLDAN GRO… WLDN 11.38 +5.86%