CSG Systems International, Inc. has been acquired by NEC Corporation through its subsidiary, Canvas Transaction Company, Inc. Shareholders of CSG Common Stock receive $80.70 per share in cash. The company has been delisted from the NASDAQ and will terminate its SEC reporting obligations. All outstanding indebtedness under the existing credit agreement was repaid in full for $125 million. Convertible note holders are entitled to convert their notes into $80.70 in cash per share of underlying common stock.