January 30, 2018 / 11:52 PM / in 6 months

BRIEF-Amdocs to acquire Vubiquity for $224 mln

Jan 30 (Reuters) - Amdocs Ltd:

* AMDOCS TO ACQUIRE VUBIQUITY TO FURTHER EXPAND INTO THE MEDIA & ENTERTAINMENT BUSINESS

* ‍IMPACT OF ACQUISITION ON AMDOCS' DILUTED NON-GAAP EARNINGS PER SHARE IS EXPECTED TO BE NEUTRAL IN FISCAL YEAR 2018​

* ‍IMPACT ON DILUTED GAAP EPS WILL NOT BE KNOWN UNTIL AFTER AMDOCS COMPLETES PURCHASE PRICE ALLOCATION​

* SAYS ‍BOARDS OF DIRECTORS OF VUBIQUITY AND AMDOCS HAVE APPROVED TRANSACTION FOR APPROXIMATELY $224 MILLION IN CASH​

* ‍IMPACT OF ACQUISITION ON AMDOCS' DILUTED NON-GAAP EARNINGS PER SHARE TO ACCRETIVE AFTER FY 2018​ Source text for Eikon: Further company coverage:

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