Printer Friendly

Oracle to acquire mobile data network firm Tekelec.

Oracle is filling out its product stack for communications with the acquisition of Tekelec, which provides network signalling, policy control and subscriber data management software for mobile data networks.

Terms of the deal, which is expected to close in the first half of this year, were not disclosed.

The explosive growth of smartphones and mobile services has put new strains on mobile networks, and Tekelec's products can help providers manage these workloads as well as optimise profits, according to its website.

Oracle plans to roll Tekelec's capabilities into its communications product portfolio and will combine them with products gained through thepending acquisitionof network equipment vendor Acme Packet, according to a statement.

The Tekelec deal will also give Oracle greater entry into the world's largest service providers, as its customers include T-Mobile, AT&T, Verizon and Orange.

Oracle is keen on increasing its telco business, and comments made by CEO Larry Ellison during the company'searnings call last weekforeshadowed the Tekelec deal.

"What we'd like to become is one of the most strategic suppliers to telcos overall, which involves broadening our footprint of what we supply them," he said. Oracle will achieve this through its own engineering efforts as well as acquisitions, Ellison added.

Corporate Publishing International. All rights reserved.

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2013 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Computer News Middle East
Date:Mar 26, 2013
Words:216
Previous Article:The new era of big data management: Analytics.
Next Article:Linux professionals in demand -- study.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters