This significant transaction allows Azure to complete our goal of becoming part of a growing, public MLP capable of providing access to growth capital for acquisitions.
Azure owns 100% of Marlin Midstream GP, LLC, the Partnership's general partner, and 90% of the incentive distribution rights in the Partnership.
Anite Calculus' employee expertise and technology made the acquisition very attractive and provides Azure
with greater resources to meet the growth in the revenue assurance market.
and Narus were judged top startups in the revenue assurance and mediation categories, respectively, in the recent Heavy Reading 2005 OSS Market Perception Study.
The partnership between Azure
and Teradata addresses the need for carriers to improve their revenue-assurance programs and to better manage the explosive growth in operational network data.
John Cronin, president and CEO of Azure
Solutions, said: "To attract funding from companies of the calibre of Doughty Hanson and Intel Capital is a real endorsement for Azure
Under the terms of the acquisition, all existing customer and partner agreements will be fully supported and Azure
will continue to maintain Connexn's offices in Westminster as its new North American operations centre.
I am delighted with this award," said John Cronin, president and CEO of Azure
With more than 60 telecommunications customers, including BT, using its on-demand fraud bureau, Azure
has extensive experience in developing Web-based revenue assurance solutions.
Cue brings more than 25 years of telecommunications industry experience to the Azure
With this announcement, Azure
addresses many of the future challenges carriers will face as they interface and conduct business with a growing number of partners, many of whom are not carriers, but providers of video and data content.
With this in mind Azure
has reinforced its existing event-integrity capability through the acquisition of Connexn and its Certo platform.