Amdocs Media’s Vindicia and Vimeo Extend Long-Term Engagement
February 01 2022 - 3:05PM
Vindicia, part of the Amdocs (NASDAQ: DOX) Media Division
and a leader in business-to-consumer digital services monetization,
today announced an expansion of its long-standing engagement with
Vimeo. As part of this agreement, Vimeo will continue to use
Vindicia’s services for subscription management and retention
solutions.
With its platform, Vindicia provides the scalability and
flexibility that Vimeo needs to help any professional, team, and
organization to unlock the power of video to create, collaborate,
and communicate. Through its payment network in more than 150
countries and its cloud-based SaaS solution, Vindicia successfully
processes over 200,000 transactions per month for Vimeo.
“With a deep understanding of our ongoing business needs,
Vindicia continues to be a critical relationship for growth as we
continue to evolve our platform,” said Craig Wert, Senior Vice
President, Finance, Vimeo.
“Platforms like Vimeo rely on scalable, secure, flexible systems
to deliver their services around the world,” said Anthony
Goonetilleke, Amdocs Group President of Technology and Head of
Strategy. “We’re pleased to extend our long-standing relationship
with Vimeo, helping them to deliver seamless, innovative digital
experiences for users.”
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About Amdocs
Amdocs helps those who build the future to make
it amazing. With our market-leading portfolio of software products
and services, we unlock our customers’ innovative potential,
empowering them to provide next-generation communication and media
experiences for both the individual end user and enterprise
customers. Our 29,000 employees around the globe are here to
accelerate service providers’ migration to the cloud, enable them
to differentiate in the 5G era, and digitalize and automate their
operations. Listed on the NASDAQ Global Select Market, Amdocs had
revenue of $4.3 billion in fiscal 2021. For more information, visit
Amdocs at www.amdocs.com
Amdocs’ Forward-Looking
Statement
This press release includes information that
constitutes forward-looking statements made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995, including statements about Amdocs’ growth and business
results in future quarters. Although we believe the expectations
reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that our
expectations will be obtained or that any deviations will not be
material. Such statements involve risks and uncertainties that may
cause future results to differ from those anticipated. These risks
include, but are not limited to, the effects of general economic
conditions, Amdocs’ ability to grow in the business markets that it
serves, Amdocs’ ability to successfully integrate acquired
businesses, adverse effects of market competition, rapid
technological shifts that may render the Company's products and
services obsolete, potential loss of a major customer, our ability
to develop long-term relationships with our customers, and risks
associated with operating businesses in the international market.
Amdocs may elect to update these forward-looking statements at some
point in the future; however, the Company specifically disclaims
any obligation to do so. These and other risks are discussed at
greater length in Amdocs’ filings with the Securities and Exchange
Commission, including in our Annual Report on Form 20-F for the
fiscal year ended September 30, 2021 filed on December 10,
2021.
Media Contact:
Michael ZemaAmdocs Public RelationsE-mail:
Michael.Zema@amdocs.com
Emily Holt PAN Communications for Amdocs Email:
Amdocs@pancomm.com
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