Home     |     News     |     Press Releases     |     Newsletter Subscription     |     Tell A Friend

How to Search   Tips

 

 Solutions Catalog
 Products & Services
 Vendors
 The Market
 Application Mall
 Business Cases
 Solution Components
 Networks
 Application Development
 System Design
 Resources & Links
 Education
 Professional Services
 Conferences & Events
 Reports & Presentations
 Templates & Aids
 Glossary
 Community Forum
 News
 Topics
 Handheld

 
News
Issue #2003 - 03 (January 2003)
(Updated Jan. 30, 2003)

INFRASTRUCTURE, PRODUCTS & SERVICES

U.S. Electronic Bill Payment & Presentment Firm CSG Systems Buys Toronto's DaVinci Technologies

Steve Borelli, executive director of new products for Englewood, Colo.-based CSG, said that the Toronto office will remain largely intact. "We're virtually bringing on everybody from DaVinci, which would include approximately 15 employees in total. We are really getting both their business talent and their development talent," he said.

There were two sales people let go from DaVinci, since they represented an overlap with CSG staff, in the months leading up to the acquisition. The deal closed last month but was first announced on Monday.
DaVinci co-founders Alan Lysne and Steve Rodin will lead the Toronto office. Lysne, who will take on the role of executive director of development for CSG, said his primary task is to make the technology he helped develop fit with CSG solutions.

It was Davinci's m-Care product -- a tool to provide billing and self-help information on mobile devices -- that first attracted CSG, said Borelli. "The DaVinci folks have solved the problem of what to display on the mobile phone in order to fulfill this functionality," he said. "What should be displayed on a PDA (personal digital assistant) or a BlackBerry? That was critical."

The m-Care solution, to be re-named CSG Total Care, has the advantage of being able to handle multiple languages. "As a Canadian company, we've got to be bilingual out of the gate," explained Lysne. "We've got to be able to deal with multiple currency formats and date formats."

DaVinci also brings to the deal customers like Bell Mobility and Rogers AT&T Canada. Borelli said that CSG aims to extend that Canadian customer base and up-sell existing customers on its own e-billing tools as well as other products the company offers, like customer analytics tools.

In March of last year, CSG acquired the billing and customer care division of Lucent technologies, including its line of Kenan software. There's a trend towards mergers in the e-billing market, said Killen & Associates Inc. analyst Michael Killen, based in Palo Alto, Calif. "Probably what is happening is CSG has some customers, has some software -- DaVinci probably has (the same), so maybe it's a natural thing right now that they have to consolidate because the market is so consolidated."

The market is also split between independent companies like CSG selling their solutions to corporations and banks that can offer e-billing services directly to their customers.

That is likely to continue, said Borelli, but e-billing is just a slice of a bigger pie. Self help customer tools like account management and information is another opportunity. "I think longer term, the self-care is going to be the bigger piece and we'll look back at presentment and payment and say that was the foundation to get there."

CSG also has offices in Cambridge, Mass., Singapore, the U.K. and Australia. Terms of the DaVinci acquisition were not disclosed, but it was a cash transaction, according to Borelli.

Source: Itbusiness.ca newsletter
For more information: http://www.davincitech.com and http://csgsystems.com

MobileInfo Comments and Advisory: This is a good acquisition for CSG. DaVinci provides customer account management (activation and electronic billing) solution for carriers. Attractive to CSG must have been its bilingual features. From this point on, any global mobile-commerce service provide must offer multi-language support, especially in Europe.

Note: This news release may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of Securities Exchange act of 1934 in USA. Similar provisions exist in other countries. There is no assurance that the stipulated plans of vendors will be implemented. MobileInfo does not warrant the authenticity of the information. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.  All trademarks used in this summary are the property of their respective owners.


NEWS Options:
> Recent Headlines
> Date
> Category
> Press Releases
 

 

 
Home
     |     News     |     Press Releases     |     Newsletter Subscription     |     Tell A Friend

Copyright 1999 - 2003.  All Rights Reserved. 
Reproduction of any material from the MobileInfo.com website or its newsletters without written permission is strictly prohibited.