Amdocs has acquired the mobile payments and messaging aggregator MX Telecom for approximately US$104 million in cash, net of debt and cash, according to Cellular News. MX Telecom will become part of Amdocs’ OpenMarket, a business of Amdocs that operates a mobile transaction hub, while the joint OpenMarket MX Telecom business will provide a hosted platform to extend mobile payment and messaging capabilities.
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