Acision spins-off from LogicaCMG

Acision, previously knows as LogicaCMG Telecoms Products business, has relaunched itself as a software and services provider to communications and media sectors.

The half-billion US dollar revenue company has been formed through the recent $622.4m, purchase of LogicaCMG Telecoms Products group by a consortium including private equity buyer Atlantic Bridge Ventures and industrial holding group Access Industries.

Acision will now build on LogicaCMG Telecoms Products’ global market leadership position in intuitive messaging, intelligent charging, content enablement and customer intelligence management for network operators, service providers, broadband operators, content owners, broadcasters and mobile virtual network operators (MVNOs).

Acision employs 1700 people in 22 countries across six continents and will be headed locally by Bill Dekker, VP Australia and New Zealand.

“We were part of service provider LogicaCMG and we use to provide SMS MMS, video mail and a range of products to telecommunication providers,” he said.

However LogicaCMG started buying up a number services of company, said Dekker.

"We became somewhat of an anomaly, so LogicaCMG decided to sell us off to get money to buy more service companies,” he said.

Launching with around 300 customers in the country, Acision will also provide hosted solutions so users can pay for what they use, said Dekker.