Oracle, the leader in database software and enterprise technology, is enhancing its communications suite to cover network signaling, policy control and data management solution for mobile data networks via its planned acquisition of Tekelec. Tekelec, whose customer base includes some big names in mobile industry such as T-Mobile, AT&T, Verizon and Orange, will provide greater market entry for Oracle into the telecommunications segment.
Oracle announced that it has agreed to acquire Tekelec, a leading provider of network signaling, policy control, and subscriber data management solutions for communications networks. The transaction is subject to customary closing conditions and approvals. Until the transaction closes, Oracle and Tekelec will continue to operate independently, and it is business as usual. Tekelec's technology enables service providers to deliver, control and monetize innovative and personalized communications services. The company's solutions are deployed by more than 300 service providers in over 100 countries. Oracle plans to make Tekelec's network signaling, policy control and subscriber data management solutions a part of its Oracle Communications portfolio to help service providers efficiently allocate network resources and monetize personalized communications services. This will enable service providers to rapidly create and deploy innovative communications services, engage customers, improve operations, and control network resources.
