Oracle Agrees To Buy MetaSolv - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Software // Information Management

Oracle Agrees To Buy MetaSolv

Oracle will pay $219.2 million for the maker of operations support systems for communications service providers.

Oracle Corp. on Monday said it has agreed to acquire MetaSolv Software Inc., a maker of operations support systems for communications service providers, for $219.2 million in cash.

MetaSolv's products are used in service fulfillment, including provisioning, network inventory and activation. It's standards-based software supports many types of emerging services, including IP Multimedia Subsystems, Internet telephony, Internet TV, Internet-based virtual private networks, broadband and mobile services, as well as traditional voice and data services, Oracle said in a statement issued from the company's OpenWorld user conference in San Francisco.

Oracle plans to integrate MetaSolv technology with its own to offer "a fully integrated, end-to-end productized solution that will help service providers streamline the 'campaign to cash' process, optimize asset lifecycles and accelerate time-to-market of new products and services," Bhaskar Gorti, senior vice president and general manager of Oracle's Communications Global Business Unit, said.

Under the deal, Oracle would pay $4.10 for each MetaSolv share, or about $219.2 million. MetaSolv's employees would join the Communications Global Business Unit. The transaction is expected to close in late 2006 or early 2007.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Commentary
What Becomes of CFOs During Digital Transformation?
Joao-Pierre S. Ruth, Senior Writer,  2/4/2020
News
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Slideshows
IT Careers: 10 Job Skills in High Demand This Year
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/3/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
IT 2020: A Look Ahead
Are you ready for the critical changes that will occur in 2020? We've compiled editor insights from the best of our network (Dark Reading, Data Center Knowledge, InformationWeek, ITPro Today and Network Computing) to deliver to you a look at the trends, technologies, and threats that are emerging in the coming year. Download it today!
Slideshows
Flash Poll