Azure Solutions
From Wikipedia, the free encyclopedia
Azure Solutions is a revenue assurance company with headquarters in London and employees based across Europe, the Americas and Asia-Pacific.
In June 2006 Azure completed its merger with Subex Systems Limited, a global telecom software product company based in Bangalore and specialising in fraud management, to form Subex Azure Systems Limited.
[edit] History
The company’s heritage can be traced back to BT in the early 1990s. Azure was spun out of BT in April 2003.
Two acquisitions were made in 2004: firstly Connexn Technologies, a U.S.-based cost and revenue assurance company, and secondly Anite Calculus Limited, a UK-based telecommunications software company specialising in interconnect, billing, rating and settlement applications.
In 2005 Azure announced that it had secured $15 million of funding from various investors including New Venture Partners (who had managed the spin-out from BT), Doughty Hanson Technology Ventures and Intel Capital, the strategic investment program of Intel.
[edit] Company
Azure's product portfolio includes Data Integrity, Wholesale and Interconnect Billing, International Settlements, Fraud Management, Mediation Management, Translation & Rating, Event Integrity and Route Optimization.
Customers include BT, O2, KPN, Global Crossing and Telenor.
