UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2005
Commission File Number 1-14840
AMDOCS LIMITED
Suite 5, Tower Hill House Le Bordage
St. Peter Port, Island of Guernsey, GY1 3QT Channel Islands
Amdocs, Inc.
1390 Timberlake Manor Parkway, Chesterfield, Missouri 63017
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
FORM 20-F X FORM 40-F
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES NO X
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On July 1, 2005, Amdocs Limited ("Amdocs") and a wholly owned subsidiary of
Amdocs ("Amdocs Sub") entered into a Share Sale and Purchase Agreement, dated as
of July 1, 2005 (the "Agreement"), with DST Systems, Inc. ("DST"), pursuant to
which Amdocs Sub acquired on such date all of the capital stock of DST
Interactive, Inc. ("DST Interactive") and DST Innovis, Inc. ("DST Innovis"),
wholly owned subsidiaries of DST. DST Interactive, DST Innovis and their
subsidiaries are referred to collectively as the Innovis Entities.
Under the Agreement, Amdocs Sub paid a purchase price of approximately $238
million in cash. The purchase price is subject to upward or downward adjustment
based upon the working capital of the Innovis Entities.
As part of the acquisition, the parties have also entered to several
ancillary and related agreements designed to ensure a smooth transition of the
Innovis Entities from DST to Amdocs, including customary transition service and
license agreements. In addition, Amdocs signed a long-term agreement with a
subsidiary of DST, pursuant to which the DST subsidiary will continue to support
the printing and mailing of bills for the Innovis Entities' customer base. Under
the terms of that agreement, the DST subsidiary will be a preferred vendor of
billing printing and mailing for projects that combine those services with
billing support, and the DST subsidiary is expected to be selected as the
provider of these services for additional Amdocs customers in North America.
The foregoing description of the Agreement is not complete and is qualified
in its entirety by reference to the Agreement, which is filed as Exhibit 99.1
hereto and is incorporated herein by reference.
The Agreement has been included to provide information regarding its terms.
It is not intended to provide any other factual information about Amdocs. Such
information can be found in the other public filings Amdocs makes with the SEC,
which are available without charge at www.sec.gov.
A copy of the press release announcing the acqusition is furnished as
Exhibit 99.2 to this Report of Foreign Private Issuer on Form 6-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
AMDOCS LIMITED
/s/ Thomas G. O'Brien
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Thomas G. O'Brien
Treasurer and Secretary
Authorized U.S. Representative
Date: July 5, 2005
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Share Sale and Purchase Agreement, dated as of July
1, 2005, by and among DST Systems, Inc., Amdocs, Inc.
and Amdocs Limited.
99.2 Amdocs Limited Press Release dated July 5, 2005.