Oracle
has agreed to acquire
Netsure
Telecom, a provider of network intelligence, analytics and network data
integrity software.
Netsure's technology is targeted at communications service providers with
traditional and next-generation networks. Current clients include
Vodafone,
Cable
& Wireless and
Eircom.
Dublin-based Netsure will become part of Oracle's Communications Global
Business Unit, which delivers communications-specific applications to service
providers.
The addition of Netsure's products to Oracle's communications applications
suite will help existing customers to improve network utilisation, optimise
capacity planning and enhance financial modelling, according to Oracle senior
vice president and general manager, Bhaskar Gorti.
The transaction is subject to customary conditions and is expected to close
later in September 2007. Financial details were not disclosed.
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