Date: 20/09/11,
M&A,
Cross Border Deal, Announced Deal,
Subex Ltd selling of it's Activation Business to US based Netcracker Technology - subsidiary of NEC Corporation. The Activation business consists of Service Fulfilment solution (NetProvisioning, NetOptimizer and Vector).
The sale is a part of the company's strategic decision to exit non core businessess and focus on core products i.e. ROC Solutions (Revenue Assurance, Fraud Management, Partner Settlement, Data Integrity Management etc.) and Managed Services.
The sale is a part of the company's strategic decision to exit non core businessess and focus on core products i.e. ROC Solutions (Revenue Assurance, Fraud Management, Partner Settlement, Data Integrity Management etc.) and Managed Services.
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