Feeds

Oracle bulks up telecoms unit with MetaSolv buy

Nuts and bolts

Top 5 reasons to deploy VMware with Tegile

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
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.