Amdocs Acquires Qpass

Apr 21, 2006

Amdocs, a provider of software and services to enable integrated customer management and the intentional customer experience, has announced it signed an agreement to acquire Qpass, a provider of digital commerce software and solutions. Under the terms of the agreement, Amdocs will acquire all of Qpass' shares of capital stock for approximately $275 million in cash. Through this acquisition, Amdocs can enable its customers to create additional sources of revenue through the delivery of digital goods over multiple devices and various access methods.