VeriSign has signed an agreement to acquire CallVision. The transaction is valued at $30 million in acquired cash.


VeriSign, a provider of infrastructure services for the Internet and telecommunications, has signed an agreement to acquire CallVision, a provider of online analysis applications.

The transaction is valued at $30 million in acquired cash.

Vernon Irvin, executive vice president and general manager of VeriSign, said: “The acquisition of CallVision is a strategic investment that furthers our goal of providing intelligent infrastructure services that enable rich and seamless communications, commerce and content services for carriers, online portals, media companies and consumer brands worldwide.” [Source]

CallValue’s applications will be added to VeriSign Commerce Suite. The acquisition will enable VeriSign to provide converged ebill presentation, payment and customer self-care applications to mobile operators, Tier 1 carriers, broadband companies and consumer-brand MVNOs.

CallValue allows its clients to use its applications to transform billing data into sources of business intelligence.

“This is done by consolidating billing data from multiple systems, products, geographies, languages and currencies into a single electronic analysis and bill payment view and creating one view of multiple accounts.” [Source]

The transaction is expected to close in the first quarter of 2006.

 

 

 

 

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