Comverse

Amdocs acquires Comverse BSS business for $272m

Amdocs has announced the acquisition of Comverse’s BSS business units for $272 million in cash. Amdocs is positioning the deal as a consolidation and customer acquisition play, while Comverse says it wants to focus on digital services.

Ex Comverse CEO nabbed in Namibia

The former CEO of telecoms firm Comverse – declared a fugitive by the FBI earlier this year – has according to reports, been caught in Namibia. The Wall Street Journal is reporting that Kobi Alexander is being held by Namibian officials pending extradition to the US. Alexander and another Comverse executive were charged earlier this […]

Ex-Comverse execs busted by Feds

Three former executives of mobile messaging company Comverse were charged with fraudulently acquiring million of dollars Wednesday through a long running stock options scam. Former chief executive officer Jacob “Kobi” Alexander, former chief financial officer David Kreinberg, and former general counsel William Sorin were charged by the The US Department of Justice for allegedly orchestrating […]

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