cVidya Networks to Showcase its Extended Solution Portfolio at Mobile World Congress in Barcelona
With the acquisition of Ectel, product portfolio is extended to cover fraud management and marketing analytics solutions
London, UK, February 11, 2010 – cVidya Networks, (http://www.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,Spain from February 15 through 18, 2010. Upon the acquisition of Ectel the company product portfolio is 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 Telecommunication, media and entertainment service providers. With the acquisition of ECTel We are now Servicing 132 telecom and media customers worldwide and employing 300 professionals in 18 global locations.”said Alon Aginsky, President, CEO and Founder of cVidya.
About Mobile World Congress
The Mobile World Congress features the latest in technology, services, and developments, bringing to life the promise of mobile broadband for all and defining the industry's path to continued growth. The congress brings together the eminent leaders and personalities from mobile operators and equipment vendors, as well as those from the Internet and the world of entertainment. The Mobile World Congress provides a one-stop-shop for everyone looking to understand what will drive the success of the mobile industry over the next year. For more information, visithttp://www.mobileworldcongress.com/.