Chris McDermott, CEO of Acision comments on the launch: “Acision is in the enviable position of having investors with a deep market knowledge and long term focus, supporting a team renowned for creativity and assured service delivery. We already lead the market with our products and innovation, placing us at the heart of our customers’ strategic business services. Our local expertise and global experience, teamed with new investment, put us in a great position to achieve our goal of providing solutions that make our clients successful.”
Acision has been formed from the recent US$525 million purchase of LogicaCMG Telecoms Products by a consortium including private equity buyer Atlantic Bridge Ventures and industrial holding group Access Industries. The investors intend for Acision to build on the firm’s heritage of pioneering innovation to expand its global market leadership position in Intuitive Messaging, Intelligent Charging, Content Enablement and Customer Intelligence Management for network operators, service providers, broadband operators, content owners and broadcasters. Acision employs approximately 1,700 people in 22 countries across six continents.
"Mobile and broadband operators in the Americas will see several benefits from our transition to Acision," said Wayne Irwin, President, Acision, the Americas. "The Acision brand reinforces our commitment to innovation, strengthening our ability to enable convergence, communities and personalization—
The company’s back catalog of achievements include:
• Pioneering SMS, a technology for which Acision continues to lead the market (Informa)
• Processing over half of the world’s text and multimedia messages every day (Informa)
• Serving three out of four videomail users globally (Portio Research)
• Monetizing over US$100 billion for network operators and service providers through its content and messaging payment systems
• Masterminding the first real time subscriber behavioral analysis for management decision making
• Enabling TV show American Idol to interact with a record breaking 60 million voters, generating revenues and additional content sales
• Processing over 18 billion text messages globally on New Years Day 2007 – a record number
• Delivering the world’s first 3G mobile messaging platform
• Deploying nearly 20 mobile rating and charging systems across the Americas
• Powering North America's top-performing mobile messaging services
• Supporting the mobile data needs for 44 per cent of North America's cellular subscribers
With the new investment, Acision will continue to add to this list of market achievements, making the name Acision synonymous with innovation, assured.
About Acision
Established in June 2007, Acision launched with more than 300 clients, serving over one billion customers worldwide. Renowned for its progressive, exciting and agile philosophy of innovation along with assured service delivery, Acision enables network operators, service providers, broadband operators and content owners to increase revenues, enhance customer loyalty and capitalise on the opportunities offered by convergence. With over 43 years of experience, Acision leads the market in Intuitive Messaging, Intelligent Charging, Content Enablement and Customer Intelligence Management. Acision is the partner of choice in high volume mobile data services with over 50 per cent of global messaging traffic generated through its platforms.
Acision was formed following the purchase of LogicaCMG’s Telecoms Products business for £265m (US $525m), by a consortium led by Atlantic Bridge Ventures and Access Industries. The company employs approximately 1,700 people in 22 countries across six continents, and launched as a half billion US dollar company. More information is available at www.acision.com
Press contacts
Kevin Walters
Marketing Executive, North America
Tel: +1 972 246 5404
Email: kevin.walters@
Todd Van Hoosear
Topaz Partners
Tel: + 1 781-404-2409
Email: acision@topazpartners.com
