ST. LOUIS-Billing and customer retention management provider Amdocs Ltd. said it has reached an agreement to acquire privately held mediation software provider XACCT Technologies for approximately $29.5 million.
Amdocs expects the acquisition, which includes $13.5 million in cash and the rest in Amdocs ordinary shares, to account for a one-time acquisition related charge in its second quarter ending March 31, 2004.
