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Monday, Mar 25
Oracle (ORCL -1.2%) is acquiring telecom signaling/policy control software leader Tekelec for an...
Oracle (ORCL -1.2%) is acquiring telecom signaling/policy control software leader Tekelec for an undisclosed sum. Look for the price to be higher than the $780M a consortium recently paid for the company. Tekelec's software, used by over 300 carriers, complements Oracle's communications software and Acme Packet's VoIP infrastructure hardware/software, and helps address the need for more advanced policy management tools to handle surging mobile data traffic. Larry Ellison recently suggested more telecom acquisitions are on the way.