Extends Oracle's Leadership in Communications with Network Intelligence and
Optimization
REDWOOD SHORES, Calif., Sept. 2 /PRNewswire-FirstCall/ -- Oracle today
announced that it has agreed to acquire Netsure Telecom Limited, a leading
provider of network intelligence, analytics and network data integrity
software. Netsure provides communications service providers critical
network intelligence and analytics software, which is vital to ensuring
efficient operation and utilization of existing and next-generation
networks and services. Netsure's software has been successfully deployed in
tier one operators including Vodafone, Cable & Wireless, and Eircom.
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"The addition of Netsure's products to Oracle's comprehensive
communications applications suite is expected to help Oracle's customers
improve network utilization, optimize capacity planning and financial
modeling, and streamline end-to-end network lifecycle management," said
Oracle Senior Vice President and General Manager, Bhaskar Gorti. "In
conjunction with Oracle's ERP, supply chain, inventory management and
network discovery solutions, Oracle plans to provide service providers the
ability to improve their network ROI and increase their operational
efficiency as they launch, deploy and profit from next-generation IP
services."
"Oracle has clearly demonstrated its commitment and has become the
leader in bringing compelling communications industry applications to the
market that are complete, integrated and standards based," said Netsure
CEO, Barry Murphy. "The combination of Netsure's applications, coupled with
Oracle's leading communications portfolio, is expected to provide unmatched
and differentiated value to service providers worldwide."
Based in Dublin, Ireland, Netsure will become a part of Oracle's
Communications Global Business Unit, which delivers compelling
communications- specific applications to service providers worldwide. The
transaction is subject to customary conditions and is expected to close
later in September 2007. Financial details were not disclosed. More
information is available at http://www.oracle.com/netsure/index.html
About Oracle
Oracle (Nasdaq: ORCL) is the world's largest enterprise software
company. For more information about Oracle, visit our Web site at
http://www.oracle.com.
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