Mobile virtual network enabler Visage Mobile announced plans to sell its Subscriber Management business to billing giant Convergys Corp. Terms of the deal were not disclosed.
Visage was one of a number of so-called MVNEs that rose in the wake of the mobile virtual network operator rush several years ago. MVNEs provide billing and subscriber management services for MVNOs.
That Visage sold its business to Convergys comes as no surprise; MVNOs like Amp’d Mobile Inc., Mobile ESPN and Disney Mobile have been dropping like flies in recent months.
“We pride ourselves on building sophisticated on-demand management systems, and today’s agreement with Convergys serves as a testament to the quality of the platform our team has built,” said Matt Johnson, CEO of Visage Mobile. “We have been partners with Convergys since our founding and have great respect for its team, its business, and its vision. Knowing Convergys will be able to combine our technology and customer relationships with its world-class solutions, and thus enhance and extend the platform, gives us great satisfaction.”
Visage plans to refocus its business on its new mobility management product, MobilityCentral, which the company said allows businesses to “monitor and manage their portfolio of mobility assets and related services.”
Visage offloads to Convergys in wake of MVNO fallout
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