Tech Company M&A Transactions
Cramer Systems Group Acquisition
Cramer Systems Group, operating out of Bath, was purchased by Amdocs. Purchase price was estimated to be $375 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/18/2006
Transaction Type
M&A
Amount
$375,000,000
M&A Terms
Under the terms of the agreement, Amdocs will acquire all of Cramer's shares of capital stock for approximately $375 million in cash, net of cash on hand, subject to post-closing adjustments. Cramer is a growing company with more than 80 customers worldwide.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
Cramer House The Square
Bath, BA2 3BH
UK
Bath, BA2 3BH
UK
Phone
Website
Email Address
Not Recorded
Overview
Cramer Systems Group Limited knows telecommunications inventory is not limited by location. Telecommunications carriers use Cramer's OSS software to manage network inventory, capacity, implementation, and services. Customers include BT, Bell Canada, Cable and Wireless, Supra Telecom, and Vodafone.
Management Team
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