Feeds

Oracle bulks up telecoms unit with MetaSolv buy

Nuts and bolts

Beginner's guide to SSL certificates

Oracle is buying another company: this time a provider of back-end software for telcos called MetaSolv Software. By Oracle's standards, this is a small purchase, around $219.2m cash.

Based in Plano, Texas, Metasolv specialises in OSS software, which in the telecoms world means Operations Support System (not Open Source Software).

This is nuts and bolts stuff - service delivery and network management software - and Metasolv has built a strong roster of customers around the world. It has also built a decent revenue stream - the run rate is around $25m a quarter. But profits are not exactly sparkling: net income was $649,000 in Q2 this year, while the company posted a $113,000 loss in Q1.

Post-acquisition, MetaSolv's staff will join Oracle's Communications Global Business Unit. The deal should close late this year, or early next. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.