REDWOOD SHORES, CA -- (Marketwire) -- 03/25/13 -- Oracle (NASDAQ: ORCL)
•Oracle today announced that it has entered into an agreement to acquire Tekelec, a leading provider of network signaling, policy control, and subscriber data management solutions for communications networks. •The proliferation of smart devices, mobile applications, and connected services has led to an exponential increase in network signaling and data traffic. Service providers require intelligent network control technologies to address these increased network workloads as well as to deploy and monetize cloud and over-the-top services. •Tekelec's technology enables service providers to deliver, control and monetize innovative and personalized communications services and is utilized by more than 300 service providers in over 100 countries. •Tekelec's network signaling (Diameter and SS7), policy control and subscriber data management solutions complement Oracle Communications' mission-critical operational support systems, service delivery platforms, and business support systems, and are expected to help service providers efficiently allocate and monetize network resources. •By combining Tekelec with leading capabilities from Oracle Communications and Acme Packet*, Oracle expects to provide the most complete communications offering that will enable service providers to engage with customers, improve operations, control network resources and deploy innovative communications services. •Terms of the agreement were not disclosed. More information on this announcement can be found at http://www.oracle.com/tekelec.
*Pending Acme Packet transaction close.
•"As connected devices and applications become ubiquitous, intelligent network and service control technologies are required to enable service providers to efficiently deploy all-IP networks, and deliver and monetize innovative communication services," said Bhaskar Gorti, senior vice president and general manager, Oracle Communications. "The combination of Oracle and Tekelec will provide service providers with the most complete solution to manage their businesses across customer engagement, business and network operations, service delivery and end user applications." •"In an increasingly mobile and social world, customer experience is about optimizing network performance and personalizing services based on what engages, moves, and inspires people," said Ron de Lange, President and CEO, Tekelec. "Together with Oracle, we expect to accelerate the pace of service innovation by helping service providers transform the way they manage and monetize the explosive growth in signaling and data traffic on their networks."
•About Oracle and Tekelec •General Presentation •Customer and Partner Letter •FAQ
Most Popular Stories
- Free Social Media Marketing Seminar
- 5 Potential Snags to the Bipartisan Budget Deal
- Trader Denies Rate-Rigging in LIBOR Scandal
- Falling Gas Costs Keep U.S. Consumer Prices Flat
- How Do You Store the Wind?
- Mandela, Walker Among Google's Top Searches
- BlackBerry Sheds More Execs
- Mega Millions Jackpot Climbs to $586 Million
- Budget Bill Passes Key Hurdle in Senate
- Phil Pustejovsky's Relief Real Estate Offers Seminars in Daytona Beach