Amdocs (NASDAQ:DOX) has completed its acquisition of Vubiquity, a provider of digital content services and technology solutions. The acquisition is intended to provide Amdocs with content capabilities, including licensing, processing and delivery for the content community and video distributors including major over-the-top (OTT) providers.
"We are delighted to welcome Vubiquity and its customers to Amdocs and look forward to working together to deliver solutions as the media market continues to evolve at a rapid pace," said Anthony Goonetilleke, group president for Amdocs Technology. "With this acquisition, Amdocs stands ready to enable communication service providers and content producers to quickly expand and improve entertainment offerings to grow revenues while gaining increased consumer insights from content consumption."