European Communications
15 November, 2004 10:32 print this article email this article to a friend

Azure Solutions Acquires Anite Calculus

Acquisition further strengthens Azure’s revenue assurance product portfolioand expertise

Azure Solutions, the revenue assurance company, has today announced theacquisition of Anite Calculus Limited, the UK-based telecommunicationssoftware company that specialises in interconnect, wholesale and partnerevent billing, rating and settlement applications.   Upon completion of theacquisition, the companies will trade under the Azure Solutions name andwill continue to provide tier-one communications service providers withaccess to the world’s best and broadest revenue assurance portfolio.

Azure Solutions extends its unrivalled domain expertise in telecoms andrevenue assurance by combining Azure and Anite Calculus’ product offeringsand teams. Azure’s award-winning portfolio contains the broadest range ofrevenue assurance products and services including Interconnect Accounting,Security and Fraud Management, Route Optimisation and the Connexn revenueassurance solution. Anite Calculus provides Azure with international partnersettlement solutions, real time rating and billing and an interconnectproduct suitable for Tier 1 subsidiaries.

Under the terms of the acquisition all existing customer and partneragreements will be fully supported.

John Cronin, president and CEO of Azure, said: “The Anite Calculus deal isyet another part of our commitment to remain the number one company inrevenue assurance. Anite Calculus’ employee expertise and technology madethe acquisition very attractive and provides Azure with greater resources tomeet the growth in the revenue assurance market. This acquisition is greatnews for current and future customers worldwide, as our combined technologyand expertise will ensure that they continue to have the best revenueassurance products and services available.”

Saul Nurtman, managing director of Anite Calculus and who will take a seniormanagement position at Azure said, "I am excited at the prospect of mergingthe Calculus business into Azure.  I am confident that our current customersand staff will benefit from the global brand and distribution capabilities,technical expertise and financial strength of Azure." [l=www.azuresolutions.com/]http://www.azuresolutions.com/[/l]

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