Bridgewater Systems to be acquired by Amdocs
Bridgewater Systems, the global leader in intelligent broadband controls, today announced that it has entered into a definitive agreement to be acquired by Amdocs Limited through a plan of arrangement for C$8.20 per share in cash, valuing the Company at approximately C$211 million.
Amdocs, a provider of customer experience systems, and IBM, recently entered into an alliance and original equipment manufacturer agreement under which Amdocs will embed the IBM DB2 Data Server and the IBM Optim Data Growth solutions with Amdocs' customer management solutions.