Amdocs, Inc.

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Amdocs, Inc. - overview

Established

1982

Location

Chesterfield, MO, US

Primary Industry

Software

About

Amdocs, Inc. is a technology leader specializing in cloud-native, AI-driven solutions that facilitate digital transformation for telecommunications companies, enhancing operational efficiency and customer engagement through innovative software offerings. Amdocs, Inc. was founded in 1982 in Chesterfield, US, and focuses on providing software solutions for the telecommunications industry.


They became a public company in June 1998 with an IPO that raised USD 252 mn, selling 18 million shares at USD 14 per share. The company's leadership includes CEOs Harel Givon, Mark Joseph, Raman Abrol, and Shuky Sheffer. Amdocs has undergone strategic shifts to adapt to the evolving digital landscape, positioning itself effectively in a competitive market. Amdocs specializes in providing cloud-native, open, dynamic, and Generative AI-driven products and services essential for digital transformation within telecommunications.


Key offerings include the Amdocs Customer Experience Suite, Amdocs ConnectX, Amdocs Networks, and the Amdocs amAIz Suite, which enhance operational efficiency and customer engagement. Their solutions address various needs, such as billing process optimization and AI-driven customer service improvements, catering to clients like AT&T, T-Mobile, and Comcast across North America, Europe, and Asia-Pacific. For the fiscal year 2024, Amdocs reported a revenue of USD 5,004. 99 mn and an EBITDA of USD 821.


67 mn. The company's revenue model is based on subscription contracts with clients, which ensures predictable revenue streams through long-term agreements and annual renewals, leveraged by their flagship products. Amdocs plans to further enhance its product line, although specific upcoming products and their launch dates have not been disclosed. The company aims to expand into new geographic markets, particularly targeting opportunities in Asia-Pacific by the end of 2025.


The USD 252 mn raised from their IPO in June 1998 has been pivotal in funding their growth initiatives, allowing Amdocs to innovate and respond to market demands effectively.


Primary Industry

Software

Sub Industries

Accounting/Finance Software, Analytics & Performance Software

Website

www.amdocs.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Amdocs, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedMycom Software, Inc. -
Trade SaleCompletedActix Limited-
Trade SaleCompletedJacobs Rimmell-
Private Placement/Follow onCompletedAmdocs, Inc.-
IPOCompletedAmdocs, Inc.-

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