M+E Connections

Vubiquity Acquired by Amdocs for $224 Million

Content services and technology solutions company Vubiquity has been acquired by media and entertainment software and services provider Amdocs, the companies announced Jan. 30, with the goal of combining both firms’ abilities to deliver digital content services for everyone from network operators to OTT companies to content owners and producers.

The $224 million cash deal has been approved by the boards of directors for both companies and is expected to close by the end of the second quarter.

“This acquisition uniquely positions Amdocs at the center of increased convergence across the content community and video distributors including major OTT providers,” said Eli Gelman, Amdocs president and CEO. “Our joint offerings address the media and entertainment industry’s challenge in balancing the incredible growth of content and the many ways to consume content with making programming easier, faster to deliver and ultimately watch, while also delivering profits.”

Vubiquity CEO Darcy Antonellis, who will become head of Amdocs’ Media Division once the deal is complete, added: “Vubiquity has successfully been connecting content owners and distributors across many diverse platforms and evolving business models at the core of its support to the media community. Our capabilities, coupled with Amdocs’ global scale and rich set of complementary solutions around monetization, analytics and personalized customer experience will be truly unique, allowing us to deliver to a larger set of customers while solving key industry challenges.

“This includes helping video distributors deliver additional profitable offerings, as well as enabling content owners to focus on content creation and maximizing licensing revenues.”

The deal will see Amdocs fold in Vubiquity’s content ecosystem tech with Amdocs’ scalable solutions to help clients upgrade their entertainment offerings while increasing customer content consumption insights, via cloud solutions.

Los Angeles-based Vubiquity has worked with more than 600 film studios, TV networks, and independent producers while Amdocs’ resume includes work with more than 350 communication and media service providers.