As of January 11th, 2010, cVidya Networks Ltd finalized the acquisition of ECtel Ltd. (NASDAQ; ECTX ). The combined company shall remain private and operate under the cVidya name.
cVidya’s move is driven by the market need for converged solutions of Fraud and Revenue Assurance solutions, increasing market consolidation and cVidya’s growth strategy and mission to lead the revenue management market.
The ECtel acquisition contributes to the growth of cVidya and will position it as the leading global vendor in the domain or revenue management, in terms of market share, revenues, install base and product portfolio.
cVidya has always endorsed a Customer Centric organization strategy. Joining forces with ECtel further strengthens its ability to continue providing excellent and innovative products and superior customer support experience with its increased global reach.
The substantial long-term advantages to cVidya’s customers and partners include:
- Larger integrated portfolio for Revenue Assurance, Fraud Management, Dealer Management and Marketing analytics utilizing innovative technology
- Extended global reach, with additional regional offices to provide with better local support
- Substantial user group to share experience and ideas.
The acquisition positions cVidya as the industry leader of Revenue Intelligence solutions with increased market presence and scale.
As a result of the merger, cVidya is repositioning its portfolio to lead the domain of Revenue Intelligence for Telecom, Media and Entertainment service providers. Its IRIS® product portfolio (Integrated Revenue Intelligence Solutions) helps operators in maximizing margin, improving their customer experience and optimizing their eco-system relationships.
cVidya’s Integrated Revenue Intelligence Solutions (IRIS®), offers the following integrated and innovative solutions to service operators:
- MoneyMap® (Revenue Assurance) – Identify and reclaim revenue leakages by reconciling end to end Networks, OSS and BSS.
- DealerMap® suite (Dealer Management) – Manage dealers’ life cycle including operations management, commission verification and the identification of potential dealer fraud.
- FraudView™ (Fraud Management) – Identify subscribers’ fraud patterns and perform subscriber risk management in real-time.
- BusinessView™ (Marketing Analytics) – Perform pricing analysis, evaluate services profitability and optimize pricing plans.
- EZtrust (B2B Application) – A dispute management and settlement platform for B2B partners
