CSG Systems has reached a definitive agreement to acquire Prairie Voice Services, a privately-held provider of interactive messaging services headquartered in Omaha.

The agreement provides that CSG will acquire Prairie Voice Services for approximately $39 million (net of cash acquired) to be paid in cash upon closing of the transaction. Closing is currently anticipated to be mid-August, subject to customary closing conditions. In addition, the merger agreement provides for contingent payments of up to $6 million through the end of 2009 upon the achievement of certain predetermined operating criteria.

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Friday–October 24

AI Debate Heats Up Across Industry Events

Artificial intelligence was both cause for concern and excitement across media, entertainment and tech events in NYC this week. The consensus was that AI is here to stay and is rapidly changing the way we work.

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