Technology news and Jobs arrow TAG
Oracle to buy MetaSolv E-mail
by Stuart Corner   
Tuesday, 24 October 2006
Oracle is to acquire MetaSolv Software, a provider of service fulfilment operations support systems (OSS) for the telecommunications and media industries for $US4.10 per share in cash, approximately $US219.2 million.
The acquisition is the latest in a string of purchases of telecoms software companies Oracle has made this year: SIP developer Hotsip followed by billing and CRM specialist, Portal Software; applications development platform company, Net4Call and hosted contact centre software developer Telephony@Work. After the closing of the transaction, MetaSolv's employees will join Oracle's Communications Global Business Unit.

MetaSolv claims to offer communications service providers a comprehensive product set for OSS service fulfilment - including provisioning, network inventory and activation. "MetaSolv's standards-based solutions support all types of services including next-generation IMS, VoIP, IPTV, IP VPN, broadband and mobile services, as well as traditional voice and data services," according to the company.

MetaSolv software was selected earlier this year by Telstra  to fulfil the key service activation role for its next-generation voice, broadband, IP wireline and 3G wireless networks and services.

T Curtis Holmes Jr, MetaSolv's president and CEO, said: "The natural synergies between Oracle's and MetaSolv's premier product suites, coupled with Oracle's extensive research and development capacity, will enable us to further enhance our products and ensure our customers' continued success. It is a very beneficial business combination that will drive service-delivery innovation and leadership in the industry."

The deal is also the third of its kind in recent times where vendors of telecoms OSS software have been bought my mainstream software companies keen to tap into the growing market for OSS as major carriers seek, as Telstra is doing, to rationalise disparate legacy OSS products into more integrated system able to handle the new converged and content services they need to deploy to substitute for declining PSTN revenues.

In July l billing software company, Amdocs, announced plans to acquire MetaSolv rival, Cramer Systems  and in December 2005 IBM acquired Micromuse, developer of the NetCool real-time network fault reporting and management technology.{moscomment}

Please enable JavaScript in your browser to post your comment!


Get stories like this delivered daily - FREE - subscribe now
 
< Next story in category   Previous story in the category >
iTWire user statistics Visitors last 30 days
Suscribers
904,266
13,751
#1 independent technology news advertise here
  •   *  
  • Search
  • AdvSeach
  • Login
  • Events
  • FreeStuff
Subscribe to our free e-newsletter