Herndon, Virginia / Ra’anana, Israel — January 7, 2014 — Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to Celcite Management Solutions (“Celcite”) on its sale to Amdocs Ltd. (“Amdocs”). Headquartered in Herndon, Virginia, Celcite is a leading global provider of self-organizing/self-optimizing network (SON) and wireless network management and optimization solutions. Celcite’s flexible, scalable, multi-vendor, multi-technology platform and applications have quickly catapulted Celcite to recognized leadership in the industry. Celcite offers a centralized, intelligent OSS system that lies at the heart of Celcite’s self-optimizing network technologies, providing a wide variety of strategic capabilities – such as geo-location and intelligent automatic correlation systems – to reliably deliver network capacity and quality improvements.
With revenues of $3.2 billion and more than 20,000 employees, Amdocs combines a market-leading BSS, OSS, and network control product portfolio with value-driven professional services and managed services operations. This acquisition expands the Amdocs customer experience portfolio further into the network software domain to manage customer experience across both networks and IT.
This transaction illustrates Mooreland’s global leadership in providing strategic advice to technology companies in the communications software and other technology segments.