Alternative Networks makes acquisition
02 Nov 2009
Alternative Networks today (2 November 2009) is delighted to announce the acquisition of Aurora Kendrick James Limited (AKJ), one of the leading suppliers of billing software and telecoms expense management solutions in the UK.
About AKJ
AKJ was formed in 2005 by a merger of Aurora UK Limited, a software house, and Kendrick James Limited, a provider of telecom management services to UK network
operators and corporates. It subsequently bought the trade and assets of Software 360, a specialist billing software provider, in 2008.
AKJ occupies leased premises in Chatham, Kent and employs circa 50 staff primarily in the areas of software development and support of managed bureau billing and reporting services.
What this means for Alternative Networks
James Murray, CEO of Alternative Networks said:
"Acquiring the exclusive right to AKJ's software will accelerate our development and enhance our broader service offering. It represents a sensible use of cash, increases our commercial opportunities and provides a sound strategic platform from which to gain an increasing share of the market, both organically and through further acquisitions. Specifically, exclusive access to the software will facilitate the efficient integration of future acquisitions."
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