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Xavient Acquires Vision360

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SIMI VALLEY, Calif. & HERNDON, Va. - (BUSINESS WIRE) - Xavient Information Systems ("Xavient" ) and Vision360 today jointly announced the signing of a definitive merger agreement, under which Xavient will acquire privately-held Vision360, a leader in BSS/OSS Systems Implementation, development, architecture, and testing services. Xavient and Vision360 have an existing business relationship as strategic partners, meeting the needs of shared customers for solutions pertaining to Order Management. The acquisition further broadens Xavient's ability to address the needs of its customers and strategically supports Xavient's telecommunications-focused practice.

Vision360's service offerings have been chosen by leading MSO's around the world, because of its highly skilled talent pool and solid reputation of successfully delivering next generation solutions. Vision360 has been an integral part of the ongoing demand to extend the current BSS framework to support multiple lines of business and services into a single billing platform, utilizing advanced state-of-the-art software solutions. Xavient will build upon Vision360's customer and carrier relationships by maintaining its OSS/BSS strategy.

"This acquisition further enhances Xavient's vision of supporting the entire OSS/BSS stack," commented Rajeev Tandon, CEO of Xavient. "Vision360's talent and customers complement Xavient's business and extend our ability to deliver compelling services to customers in the communications industry. Vision360's expertise and successful track record provide customers with the assurance that delivery will go as planned. These competitive differentiators have led many cable customers to choose Vision360 as their solution provider. This acquisition will continue to strengthen Xavient as a leading provider of professional services and solutions for the communications industry."

"This is an exciting milestone for our company, and we look forward to scaling our growth as part of Xavient," added Rick Kapani of Vision360. "Xavient's global reach, scale, widely recognized brand and worldwide customer relationships make it the ideal partner for Vision360. Our combined teams will create exciting growth opportunities for Vision360, our customers and our employees. We look forward to working with the Xavient team to ensure a rapid and seamless transition."

About Xavient - Headquartered in Simi Valley, CA, Xavient is a right shoring provider of global IT and engineering solutions. Using leveraged expertise with unique onsite/offshore delivery models, Xavient delivers a boutique offering to major North American clients from telecommunication markets. Formed in 2002, Xavient currently employs over 1,800 professionals in the US and India. For more information, visit www.xavient.com.

About Vision360 - Based in Herndon, VA and Toronto, ON, Vision360 provides BSS/OSS Systems Implementation Development, architecture and testing services to top cable MSO's nationwide. Vision360 has built a notable customer base, providing services in strategic project and program management, planning and operations tracking, business analysis, solution architecture, custom software development, and management consulting.

Xavient Information Systems
Alex Salamon, 805-955-4123
Senior Vice President, Sales and Business Development
asalamon@xavient.com



 
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