Subex Azure

Subex Azure Ltd has announced that it has completed 180 days of successful integration of Syndesis Ltd, a leading provider of telecom 0SS solutions, with recognized leadership in Fulfillment and Assurance solutions (FAS). The first quarter, post the acquisition has brought in revenues of Rs 440 million from the FAS business unit.

Post the completion of the acquisition on April 01, 2007, the Company has had eight new wins including three FAS customers. During this period, the Company also launched its first FAS offering, the subscriber-centric VoIP Express bundles, that accelerate the creation and automate the complex provisioning of VoIP offerings for business and consumer markets.

Subash Menon, Chairman, Managing Director & CEO of the Company said, "This seamless transition is yet another example of Subex Azure's inherent ability to create immense value out of every acquisition. The momentum is expected to pick up further in the coming months, and help us achieve our target of US $130 million by the end of this fiscal."

Dedicated teams have been formed to see through the integration process, an integration camp was set up in Toronto and recruitment was stepped up to cater to the increased requirement. All departments except engineering have been completely integrated.

With this acquisition the Company is now able to offer its customers solutions that would help them practice Operational Dexterity, a concept that includes Revenue Maximization as well Service Fulfillment, to deliver competitive advantage.