SigValue Technologies Ltd. is a provider of

Telecommunications billing Telecommunications billing is the group of processes of communications service providers that are responsible to collect consumption data, calculate charging and billing information, produce bills to customers, process their payments and manage deb ...

software for the prepaid market; owned by

Amdocs Amdocs ( he, אמדוקס) is a multinational corporation that was founded in Israel and currently headquartered in Chesterfield, Missouri, with support and development centers located worldwide. The company specializes in software and services ...

History

SigValue (2000-2016) was founded in

Hod Hasharon Hod HaSharon ( he, הוֹד הַשָּׁרוֹן, lit. "Splendor of the Sharon, Israel, Sharon plain") is a city in the Central District (Israel), Central District of Israel. The city is located approximately east of the Mediterranean coastline, s ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

in April 2000, by Yuval Mayron and Eli Yardeni. The company initially developed a prepaid solutions for

mobile communications Mobile telephony is the provision of telephone services to phones which may move around freely rather than stay fixed in one location. Telephony is supposed to specifically point to a voice-only service or connection, though sometimes the l ...

. It one of the most famous exits in Israeli start-ups since the crises of 2001. SigValue's platform is aimed at service providers in emerging markets, such as

Eastern Europe Eastern Europe is a subregion of the Europe, European continent. As a largely ambiguous term, it has a wide range of geopolitical, geographical, ethnic, cultural, and socio-economic connotations. The vast majority of the region is covered by Russ ...

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...

and

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...

, where the telecommunications customer base is predominantly composed of mobile prepaid subscribers. SigValue's platform combined the basic functions required for billing and customer care with a service control function, offering a single system that supports multiple networks, multiple services and all lines of business. On February 7, 2007 SigValue was acquired by

, a customer management software vendor, for $54 Million USD. Amdocs already owned a 14 percent stake in SigValue. Other investors included: AIG Orion Fund, Holland Ventures, and the Singapore-Israel Industrial R&D Foundation; at the time the company had approximately 75 employees. On September 1, 2016 amdocs closed SigValue (NBU) and opened a new department called Optima, Optima will be a combination of NBU and comverse kenan. some NBU employees got fired during the change.

References

{{Reflist http://www.amdocs.com/news/pages/amdocs-introduces-amdocs-optima.aspx Amdocs Introduces Amdocs Optima Software companies of Israel Private equity portfolio companies Hod HaSharon Amdocs

History

See also

References