VeriSign acquires CallVision

Internet and telecommunications infrastructure services firm VeriSign said Wednesday it’s paying $30 million to buy privately held CallVision, a company that does consolidated e-billing and payment and customer relationship management for telco companies. The deal will help VeriSign offer more services to its communications clients like mobile operators, broadband companies, and telco carriers. The acquisition is expected to help VeriSign clients simplify their billing process, reduce their operational costs, and mitigate customer churn, VeriSign said.

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~ by WYSIWYG on January 12, 2006.

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