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Issue Date: October 2006

Oracle buys MetaSolv Software

1 October 2006

Oracle has announced it has agreed to acquire MetaSolv Software, a provider of service fulfillment operations support system (OSS) solutions for the communications and media industry, through a cash merger for $4,10 per share, or approximately $219,2 million. The agreement is subject to stockholder and regulatory approval and is expected to close in late 2006 or early 2007.
MetaSolv offers communications service providers a comprehensive product set for OSS service fulfillment –including provisioning, network inventory and activation. MetaSolv’s standards-based solutions support all types of services including next-generation IMS, VoIP, IPTV, IP VPN, broadband and mobile services, as well as traditional voice and data services.
“By adding a leading OSS application suite, Oracle plans to offer a fully integrated, end-to-end productised solution that will help service providers streamline the ‘campaign to cash’ process, optimise asset lifecycles and accelerate time-to-market of new products and services,” said Bhaskar Gorti, Oracle senior vice president and general manager of the Communications Global Business Unit. “Conventional, customised solutions have proven inefficient, inflexible and costly. Oracle is putting service providers in control to simplify their infrastructure, deliver more services faster and drive brand loyalty.”
After the closing of the transaction, MetaSolv’s employees will join Oracle’s Communications Global Business Unit.
 


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