Telecoms Products (Acision) will continue to provide Intuitive Messaging, Intelligent Charging, Content Enablement and Customer Intelligence Management solutions to the global telecoms and media industries. The company employs approximately 1,700 people across 22 countries and serves over one billion end users, through its relationships with over 300 network operators and service providers and from day one will have revenues of a half billion US$.
Over the last 5 years, LogicaCMG Telecoms Products has established a reputation for innovation, achieving a number of world firsts within the mobile industry. Recently, the convergence of fixed and mobile telecoms with the media industry has created new opportunities for the business to offer its expertise and products to a wider range of service providers. The divestment is expected to open opportunities for the new entity, Acision, to expand its customer base through channel relationships with other systems integration and services companies, while continuing to work with LogicaCMG's remaining integration business.
Chris McDermott, Chief Executive of LogicaCMG Telecoms commented: "Recently the objectives of LogicaCMG's consulting and integration business and those of Telecoms Products have become less aligned. This separation is a logical step for our business, enabling us to grow our channels and enhance our position as a trusted partner for network operators and service providers, while having the agility to continue to innovate and remain a global market leader."
LogicaCMG Telecoms Products pioneered SMS, and continues to lead the market today, processing over half of the world's text and multimedia messages every day. In addition to maintaining its strong roots in messaging, the company also serves three out of every four videomail users, its content and messaging payment systems have processed over US$100 billion of revenues and recently it became the first company to enable management decision making based on real time behavioural analysis. The company is behind many headline grabbing achievements, most recently enabling TV show American Idol to interact with a record breaking 60 million voters, generating revenues and additional content sales.
Building on this heritage, Acision will have the expertise, and now the investment, to leverage its lead in converging technologies and build even more successes across its portfolio in the future.
