Oracle to Acquire Network Signaling Company Tekelec

Enterprise software giant Oracle (NYSE: ORCL  )  is acquiring Tekelec, a company specializing in network signaling, policy control, and subscriber data management solutions, Oracle announced today.

Tekelec's offerings help telecom service providers manage and monetize mobile data, and the company has more than 300 service provider customers in more than 100 countries.

The transaction will further bolster Oracle's presence in the telecommunications market and will complement its proposed acquisition of Acme Packet, which was announced last month and has yet to close. Oracle said that combining the two companies with its Oracle Communications capabilities will offer a complete suite of services for customers looking to improve operations and control network resources.

Financial terms of the Tekelec transaction were not disclosed. The transaction is expected to close in the first half of 2013.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2329473, ~/Articles/ArticleHandler.aspx, 10/31/2014 3:47:36 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement