| By Oracle News Desk | Article Rating: |
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| September 4, 2007 06:45 PM EDT | Reads: |
11,902 |
"In conjunction with Oracle's ERP, supply chain, inventory management and network discovery solutions, Oracle plans to provide service providers the ability to improve their network ROI and increase their operational efficiency as they launch, deploy and profit from next-generation IP services," said Oracle SVP and General Manager, Bhaskar Gorti, as Oracle this week announced that it has agreed to acquire Netsure Telecom Limited.
A leading provider of network intelligence, analytics and network data integrity software, Netsure provides communications service providers critical network intelligence and analytics software, designed to ensure efficient operation and utilization of existing and next-generation networks and services. Netsure's software has been successfully deployed in tier one operators including Vodafone, Cable & Wireless, and Eircom
"The addition of Netsure's products to Oracle's comprehensive communications applications suite," Gorti continued, "is expected to help Oracle's customers improve network utilization, optimize capacity planning and financial modeling, and streamline end-to-end network lifecycle management."
"Oracle has clearly demonstrated its commitment and has become the leader in bringing compelling communications industry applications to the market that are complete, integrated and standards based," said Barry Murphy, CEO of Dublin, Ireland-based Netsure. "The combination of Netsure's applications, coupled with Oracle's leading communications portfolio, is expected to provide unmatched and differentiated value to service providers worldwide."
Netsure Telecom Limited will become a part of Oracle's Communications Global Business Unit, which delivers communications- specific applications to service providers worldwide.
The transaction is subject to customary conditions and is expected to close later in September 2007. Financial details were not disclosed.
Published September 4, 2007 Reads 11,902
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