Amdocs Limited cancelled the acquisition of MYCOM (UK) Ltd from Inflexion Private Equity Partners LLP.
December 04, 2022
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Amdocs Limited (NasdaqGS:DOX) entered into a definitive agreement to acquire MYCOM (UK) Ltd from Inflexion Private Equity Partners LLP and others for approximately $190 million on May 20, 2022. Amdocs' Board of Directors has approved the transaction. Subject to the satisfaction of the conditions to closing, is expected to be completed in the completed in the first quarter of fiscal year 2023. Will Pearce, William Tong, Jonathan Cooklin, Alon Gurfinkel, Matthew Yeowart, John B. Reynolds III and Joseph Kniaz of Davis Polk acted as legal advisor to Amdocs Limited.
Amdocs Limited (NasdaqGS:DOX) cancelled the acquisition of MYCOM (UK) Ltd from Inflexion Private Equity Partners LLP on December 5, 2022.
Amdocs Limited is a provider of software and services to communications and media companies. The Companyâs offerings are based on a product and service mix, using technologies and methodologies such as fifth generation (5G) cloud, microservices, development and operations (DevOps), open source, bimodal operations, site reliability engineering (SRE) and automation through standard information technology (IT) tools, open application programming interfaces (APIs) and artificial intelligence (AI). The Company's services include end-to-end systems integration services, managed services, digital business operations, quality engineering services, cloud services, consulting services, and integration services. In addition, the Company also provides advertising and media offerings for media publishers, television (TV) networks, video streaming providers, advertising agencies and service providers. Its service assurance suite includes fault, performance, and service management capabilities.